The_RedTicker

BANKNIFTY Intraday Risk to Reward setup, 08 Jan,20

The_RedTicker 업데이트됨   
NSE:BANKNIFTY   Nifty Bank Index
For entry methods, kindly check any of my last year's idea on banknifty.
First zones update for this year. Wishing you all, best of luck!!
Levels are mentioned on chart.
코멘트:
This should happen in this week itself or else avoid.

I have an interesting take on the market, will update entire view in the evening. For now, The_RedTicker believes the market is currently sell on rise. Until it touches 11850-11860 levels on spot. There is a pattern in formation which will not happen if nifty doesnt touch those levels. By then Banknifty should be in 31850 levels.

P.S. Banknifty has already satisfied my conditions, so that's the only problem because I am expecting a fall in nifty with relatively less fall in banknifty.

*Closing above 12000 today will eradicate this view
Also, would recommend not to make position with month long view on nifty.
액티브 트레이드:
NOT a zone trade, but entered as nifty is in the zone and my setup looks good. Went long @ fut 31145
prnt.sc/qkp10d
거래청산: 타겟 닿음:
quick trade getting out, still looks good but considering today's momentum, this is enough for me cmp is 31211 (fut)
코멘트:
one can look to trail sl to current 3 min low, 31190-31200 levels and trail on 3 mins or if very optimistic, one can look to book at Lzone, that should be another 100 point on spot, so a total of 200-ish points. (good Trade)
코멘트:
15:28 pm
Pattern bet, 31800 ce of 9th jan,20. Nothing will happen, and even if anything happens i dont think we will erase today's gains
코멘트:
31800 ce, Wont exit on open

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