BankNifty Intraday Calls
- Thread starter narasimhan
- Start date
Good Call ! :clapping:
Though it would have been tough for any one to enter at this level after reading your Post as BNF surged to 11068 by 9:40 ! (I am not saying that you should Post in time as I know how difficult it is to trade and post the levels together. And more so when you are posting BNF levels which moves big.
) And there after at languishing at ~ 11040 it made a high of ~11100/-
I have a query : How do you decide the Target? Fibonacci or something else?
I had also started Posting BNF levels in RT and was doing it alright till the time I wasnt trading it. Now that I am trading it , I simply cannot post it in RT.
I did good today in BNF, went long >10991 have an exit as per chart below 11038 ! Exited 1 out of 2 lots at 11090, had given an exit for 11099 but it did a high of ~11097 ! As it did not do 11099, I eoxted at 100 point Profit. Still holding 1 lot with 11038 as SL .
My exit is arbitary, just feel round numbers act as Resistance ! Would be happy to get some pointers from you in this respect.
Though it would have been tough for any one to enter at this level after reading your Post as BNF surged to 11068 by 9:40 ! (I am not saying that you should Post in time as I know how difficult it is to trade and post the levels together. And more so when you are posting BNF levels which moves big.
) And there after at languishing at ~ 11040 it made a high of ~11100/- I have a query : How do you decide the Target? Fibonacci or something else?
I had also started Posting BNF levels in RT and was doing it alright till the time I wasnt trading it. Now that I am trading it , I simply cannot post it in RT.
I did good today in BNF, went long >10991 have an exit as per chart below 11038 ! Exited 1 out of 2 lots at 11090, had given an exit for 11099 but it did a high of ~11097
! As it did not do 11099, I eoxted at 100 point Profit. Still holding 1 lot with 11038 as SL .My exit is arbitary, just feel round numbers act as Resistance ! Would be happy to get some pointers from you in this respect.
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