Risk-to-Reward Play - BANKNIFTY INTRADAY for 21NOV,19
Hello everyone. Anyone who's following Zones and have any doubts, kindly mention them in the comments below. Will try to solve as much as possible.
Check historical ideas on my profile for examples
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no trades so far
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unlike yesterday, the offset with banknifty today is higher than expected. nifty can be traded. But I am avoiding bknifty for the time being.
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cautious, BUY at Cmp with sl below zone.
تم فتح الصفقة
cautious, BUY at Cmp with sl below zone
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Sl under worse case for entry in the zone is around 10-12 points, more than 1:1 has already shown on the chart. but since its weekly expiry, iam going for atleast 1:2 or 1:3 or sl hit. May even give 1:5 or more.
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Momentarily closed below the zone, also below the trendline and now back at it. Technically, sl of 12 points hit. That's how one trade the Zones, keep playing T20 until market says 'oh, lets make it a one day'.
Showed more than 1:1 on screen before sl hit and more than 1:5 after sl hit (under worse case scenario).
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