Nifty / BankNifty Trade Setup 20th Feb 2018 – IOTA

Nifty / BankNifty Trade Setup 20th Feb 2018

Nifty EOD chart analysis – 19th Feb 2018
February 19, 2018
Nifty weekly view ( for Week ended 23 Feb 2018)
February 25, 2018
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Hi friends,

Glad to share todays trade setup given to our Premium paid members group ( MSS)

Nifty opened at 10391 ( gapup +13) and we had given a short below 10378 for Target1 at 10353, but Nifty made an immediate low of 10358 and bounced back (  5points short of T1)

And hit our Sloss. 10400 PE buy was Rs 72 and Exited at Sloss at Rs 62 ( -13% Loss)


Our 2nd trade was given in Banknifty >> Short trade given with 24900 PE at Rs 96  with Target at 120. Booked out at 120 (+25% Profit)


Net Profit from 2 Trades was 12%


But after we booked out at 120,  24900 PE made a Low of 135 and then Banknifty againg bounced back to 25150 and faced resistance and crashed down. 10400 PE at close was Rs 182 and made days high at Rs  199.


Risk Management / Trading Rules/ Price action and Technical together determine the output

Of our Trade Set ups.


Happy Trading


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