As RBI is facing tremendous pressure to bail out PS/Corporate banks I believe that we will slowly begin to see a short term correction in the bank sector. I expected BOB to either break out and test supply zone at 190 before potentially making another leg up. The second scenario is that the bearish sentiment forces BOB to test demand zone at 100-120 before it continues to test the supply zone. This is big short term reversal point for BANKNIFTY. RR at this level is high.
Catatan
** to test demand zone at Rs. 100-120Trade aktif
Consolidating into a very tight range, potential for breakout increasing day by dayTrade aktif
Breakout. First TP 160, second tp 185Trading ditutup secara manual
Trade closed @ 147 for 10% profit from 136. Looking for re-entry at around 133 - 140 range. There is a considerable amt of resistance at 150 range right now
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.