BANKNIFTY Bears Bag 550+ Points! Intraday Targets Crushed
BANKNIFTY Intraday Short Trade Analysis:
The BANKNIFTY 15m timeframe delivered a stellar short trade setup, hitting all targets and locking in 550+ points profit with impeccable precision. This move stands out as a textbook bearish trade, leveraging strong downward momentum.
Indicators used: Risological Swing Trader and Risological Trading Indicator
Trade Details:
Targets:
Key Takeaways:
Massive Profit Potential: BANKNIFTY's bearish momentum resulted in a swift 550+ points profit – a dream trade for intraday option traders.
Red-Hot Momentum Indicators: The cascading red candles confirmed the sustained selling pressure, ensuring that all targets were achieved effortlessly.
High Accuracy: Entry aligned perfectly with the resistance from the EMA ribbon, signaling a strong rejection and bearish continuation.
Profit Perspective:
This trade stands as a hallmark of precision and efficiency, showcasing the power of accurate technical analysis in volatile markets like BANKNIFTY. Such trades exemplify how disciplined execution can lead to exceptional intraday gains.
Conclusion:
The BANKNIFTY short trade played out to perfection, reinforcing the value of spotting momentum-driven opportunities. With more than 550+ points secured, this setup remains one of the most lucrative intraday plays of the session!
Namaste!
The BANKNIFTY 15m timeframe delivered a stellar short trade setup, hitting all targets and locking in 550+ points profit with impeccable precision. This move stands out as a textbook bearish trade, leveraging strong downward momentum.
Indicators used: Risological Swing Trader and Risological Trading Indicator
Trade Details:
- Entry: 51957.20
- Stop Loss (SL): 52051.90
Targets:
- TP1: 51840.20 ✅
- TP2: 51650.85 ✅
- TP3: 51461.50 ✅
- TP4: 51344.45 ✅
Key Takeaways:
Massive Profit Potential: BANKNIFTY's bearish momentum resulted in a swift 550+ points profit – a dream trade for intraday option traders.
Red-Hot Momentum Indicators: The cascading red candles confirmed the sustained selling pressure, ensuring that all targets were achieved effortlessly.
High Accuracy: Entry aligned perfectly with the resistance from the EMA ribbon, signaling a strong rejection and bearish continuation.
Profit Perspective:
This trade stands as a hallmark of precision and efficiency, showcasing the power of accurate technical analysis in volatile markets like BANKNIFTY. Such trades exemplify how disciplined execution can lead to exceptional intraday gains.
Conclusion:
The BANKNIFTY short trade played out to perfection, reinforcing the value of spotting momentum-driven opportunities. With more than 550+ points secured, this setup remains one of the most lucrative intraday plays of the session!
Namaste!
- Indicator used on my charts > Risological.com
- NO Repaint!
- Consistent profits, minimised losses
- Detect and avoid Sideways Market
- Works on all markets and all time frames.
- NO Repaint!
- Consistent profits, minimised losses
- Detect and avoid Sideways Market
- Works on all markets and all time frames.
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