Banknifty opened mild Gap up but could not sustain and came down sharply to 21000 levels (20983). But again gave sharp upmove towards our first resistance 21450. So we got a good trade from 21100 to 21450....
Who I am Right now is " I am a Greedy person, compulsive trader, proving person, manipulator, Independent, non acceptor, not touch with reality, ready to book losses saying it is normal to book losses-...
On Jun-26, Banknifty traded in a range of 21800-21300. The daily chart shows the possibility of the formation of a wedge structure. The bearish divergence on the MACD histogram reinforces this wedge possibility....
Banknifty moved up today as expected as per the post on Jun-16 (Update for Jun-17). It almost achieved our first swing target of 21100 (Today's top is 21028). The daily chart shows Banknifty took excellent...