How To Trade Traps In Banknifty

Often beginner traders get trapped when thry try to trade breakouts.

But there is a way to trade these of traps in banknifty.

Lets figure out

After 3 test of a resistance we plan for a breakout trade.

Stock gave a big breakout candle, not a favorable risk reward trade, so let it go..

Stock reversed after small move trapping new buyers: FOMO traders are trapped.

Made a lower high & confirmed the breakout failure. Entry after the break of previous low.

Ride the trade.

Buy 25 Stocks For 25 Year (5)