In the previous session :
Bank Nifty triggered our long trade with a gap up above our last target and did not give a chance to enter a long trade. Post that it reversed to trigger our short trade and and completed all targets exceeding it by 600 points giving 1000 points.
- Enter on sustaining above/below the levels mentioned and look to book partly/fully once at the 2nd target as its placed at the resistance/support . Re-enter if price sustains above / below the 2nd target with a trailing stoploss of the entry levels.
Disclaimer : These are my personal views and one should do their own research before entering any trades based on them . The use of the blog is agreement that the blog is for informational and educational purposes only and does not constitute advice in any form in the furtherance of any trade or trading decisions.