BANKNIFTY: POTENTIAL TURN-POSSIBLE TRADE IDEA.

SELL IDEA: In the chart, the price range moving around 27033.46

ADD-ON: Due to the Economic fluctuation traders don't prefer investment in trade related to developing countries. But a country like India exposes a standard development in all fields.

So, volatility of the price range is less when compared to a similar pair.

Apart from that, the candles have a high probability to form in downforce.

The index's moving start to show a downturn from the price action.

In short, call keep your stop-loss point at previous resistance to short out the huge loss. Sl@ 27279.41

In this trade, we can expect the down run up-to 25883.21

EYES ON THE CHART AND MAKE YOUR MOVE.

SIGNAL SPECIFICATION:

Pair:BANKNIFTY

Order: SELL

Entry: 27033.46

Take profit:25883.21

Stop loss: 27279.41

Risk Vs Reward: 2.11

Our Unique Features:

1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.

Note:

Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.

This allows you to be good in overall pips profit.

Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.

Note: Everything works with Best money management.

Note: Please leave comments for any query.

Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.

Best
Forextamil
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