New buy opportunities on Bank Nifty NSE Indian index. We have a new weekly demand imbalance created around 27340 where longs will be possible again. Will this new trade setup and imbalance play out as nicely as previous demand level? We don't know, nobody knows. What we do know is that it's a new imbalance with a clear long term long bias, that's all we need to know. Can it be a loss? Of course this trade setup on Bank Nifty index could be a loss, but who cares about losses? Losses are part of the trading game, we cannot win if we do not lose because that would mean that we are not taking any risks. If we don't take any risks then we are actually NOT trading.
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