NSE: BANKNIFTY INTRADAY CHART 14-05-20

BNF gapped down below PDL but moved in range. All BO failed and ended the day in losses. Had i sticked to scalping would have ended with no profit no loss. But then decision have to be take at trade time and today i went with trend trades.

  1. Short trend trade – Breakout (BO) of IRL.no profit no loss
  2. Short trend trade – rentry.Breakout (BO) of IRL. SL hit.
  3. Long trend trade – BO of IRH. Pyramided. SL hit.
  4. Long scalp trade – CPB at IRL. No profit no loss.

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Rikk

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