BANK NIFTY - TRADING NEAR BREAKOUT ?

BANKNIFTY
Trading in ascending channel pattern, rejected thrice. Expecting potential breakout towards downside

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Sell with sl - 39500

Target - 39250, 39090, 38910

DISCLAIMER :
This idea is for educational purpose, buy/sell as per your risk management.
I always recommend to book 50% of the quantity at target 1 and keep trailing stoploss for remaining targets.
Maintain strict stoploss to minimize loss.

Idea is positional and only carry position on day closing basis.

Trade geschlossen: Ziel wurde erreicht:

All target reached, low made 38850