Bank Nifty weekly chart
Bank Nifty has reached an important support level. Trend indicators in daily chart has indicated buy and I have initiated long in Bank Nifty. Initiating long after a significant rally may look like a stupid decision but I have to believe and follow my trading method . We can only follow a trend and according to me we will never know how long a given trend will last.
Disclaimer : Charts presented here are not for
recommendation or to advice . They are for educational purpose. More details
such as stop loss , target are shared with subscribers.
Nifty medium term trend
| Trend | DOWN |
| Initiation Date | 23-05-13 |
| Initiated at | 5967 |
| Low since change | 5566 |
Thought for the day
Storms make trees roots take deeper
No comments:
Post a Comment