22K + Profit ? in Banknifty Today ??? || Share Market|| #trading #profit #banknifty #shorts

22K + Profit ? in Banknifty Today ??? || Share Market|| #trading #profit #banknifty #shorts

Introduction

In today's trading session, we observed a significant increase in profit, from Rs 20,000 to Rs 47,000. This article will walk you through the logic behind the trade and how you can follow similar strategies for successful trading in the share market.

The Logic of the Trade

At the onset, there was a crucial level in the Guy's Market at 800. As soon as this key level was breached, I entered the trade. Here's a detailed breakdown of the steps I took:

• Identification of Breakout Point: The market had a small but crucial level at 800. The moment this level was broken, it signified an entry point.

• Candle Analysis: I created a position by analyzing the specific candle that broke the level. The lower end of this candle was used as the stop loss.

• Momentum and Target Setting: Post my entry, there was a notable momentum shift in the market. This led to the achievement of our target of Rs 47,000.

Result

As you can see, the profitable momentum allowed us to reach the target. This clearly showcases how understanding key market levels and utilizing strategic entries can lead to substantial gains.

Call to Action

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Keyword

• Profit
• Banknifty
• Share Market
• Trading
• Breakout Point
• Candle Analysis
• Momentum
• Target Setting

FAQ

Q1: What was the initial profit before the trade?

• The initial profit was Rs 20,000.

Q2: At what market level did you decide to enter the trade?

• The entry point was when the key market level at 800 was broken.

Q3: What was used as the stop loss in this trade?

• The lower end of the candle that broke the key level was used as the stop loss.

Q4: What was the target profit?

• The target profit was Rs 47,000.

Q5: How can I follow your trading strategies?

• You can follow me and subscribe to my channel for more trading insights and strategies.