BankNifty - Index Looks to Top at 40685

Sep 9, 2022

Extreme Risk Takers Can Trade till Index holds below 40600. In other words selling should be avoided if Index rallies back above 40600 (Avoid Sell above 40600)


Our Downside Targets
40450
40185
39880


Hope you liked the last idea -Island Reversal -Index rallied overall 1000 points in two days 8th & 9th Sep 2022

Last Idea - Island Reversal

Sep 9, 2022

Trade active

12:09 pm / 9th. Sep 2022

Last @ 40486

Reached close to 1st Target of 40450 - Partial profits to be booked

Sep 9, 2022

Note

12:40 pm / 9th Sep 2022

Last @ 40490

Partial Profits have been booked close to 40450 - 1st Target .
Structure Unfolding At current fractal appears to be an Expanded Structure.

Similar Structure as shown in the larger fractal in last idea - "Island Reversal"

Sep 9, 2022

Trade closed: target reached

12:42 Hrs / 9th Sep 2022

Last @ 40495

1st Target Reached at 40450

Manage Your Risk While Trading. Happy Weekend