Look at the Daily Price movement Table.
Nifty -BNH ( Bullish Noise High) for spot and future is 7856 and 7874.
Bank Nifty - BNH for spot and future is 17253 and 17314.
So I booked my long at this point in nifty... as of now 2.35 nifty spot high is 7858 and 7880 future.
Bank nifty not able to move previous day high. 17230.
If this pattern occurs... Nifty/ bank nifty has to cross day high... otherwise it will give back some of the gains.
the pattern says to short Banknifty with a stop @ 17230 spot. and nifty with a stop @ day high...
I am not taking this trade... we may miss a free hit.....
Happy Trading Zen way....
Nifty -BNH ( Bullish Noise High) for spot and future is 7856 and 7874.
Bank Nifty - BNH for spot and future is 17253 and 17314.
So I booked my long at this point in nifty... as of now 2.35 nifty spot high is 7858 and 7880 future.
Bank nifty not able to move previous day high. 17230.
If this pattern occurs... Nifty/ bank nifty has to cross day high... otherwise it will give back some of the gains.
the pattern says to short Banknifty with a stop @ 17230 spot. and nifty with a stop @ day high...
I am not taking this trade... we may miss a free hit.....
Happy Trading Zen way....
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