Nifty & Bank Nifty - All blue/green supportlines broken.

Bank Nifty Hourly

BN at 19100, a crucial level.

BN, Hindalco double top

BNF & Hindalco made double tops and could not sustain above the previous highs. Shorted below failure to sustain candles (BN 15350) and took profit at resistance near 15220.

BNF Aug

BN Aug Future 5 min chart. Bought on greeen candle close above pivot at 15296.
Initial SL at 15210, revised to 15240, then trailed to 15280.
Took profit at 15360. Gain 64 points gross.
Went above the green line. Now waiting to short below this line @15360. 

1.20 P.M.: Revised trigger for short to 15390. 
1.55 P.M.: Took Profit  @15310

Total Profit for the day 64+80=144 points.



 

BankNifty

Bank Nifty Future stuck in a tight range. Wait for a breakout.