Hello traders,
Banknifty is working at our levels as we have shared on 16th June.
After rejection from 32200, We took a long position at 5 minute timeframe with 1:5 RR for Targets of 33000-33200. And we have shared in live commentary. We are still holding our trade for targets.
We used Fibonacci levels for our targets as market is taking pullback.
On Monday, Market will open gap up and hit our target 2 but we will wait for target 3 because market will come to 32200 in any condition.
If market comes down to 32800 and get reject from downside, You can go long till 33200.
Thanks & Regards,
Staps Trader
Banknifty is working at our levels as we have shared on 16th June.
After rejection from 32200, We took a long position at 5 minute timeframe with 1:5 RR for Targets of 33000-33200. And we have shared in live commentary. We are still holding our trade for targets.
We used Fibonacci levels for our targets as market is taking pullback.
On Monday, Market will open gap up and hit our target 2 but we will wait for target 3 because market will come to 32200 in any condition.
If market comes down to 32800 and get reject from downside, You can go long till 33200.
Thanks & Regards,
Staps Trader
