BANKNIFTY-- Double Top Formed??

31 Tem 2023

Bank nifty Index has formed a double top
price has formed a double top, with a break of demand and price is retraced back to fall again.

If price wants to fall from strong resistance area,
tomorrow price will again test the strong resistance at 45900 level.keep on buyside until this area.
we have a bearish Gap and Strong resistance.

Until price fills these we can't be on bearish side...
we have a trendline confirmation as well...price has taken the support from trendline multiple times, until price breaks the trendline and retest don't go for short side...

31 Tem 2023

Not

Double top and Head and Shoulders pattern all these are indicating that a sign of reversals, in banknifty.

31 Tem 2023

Not

will see what happens tomorrow.

1 Ağu 2023

Not

Don't go for short side, wait it may go higher, without confirmation don't initiate a short trade.

1 Ağu 2023

Not

until trendline breaks and retest don't go for short side.

1 Ağu 2023

Not

until trendline breaks and retest of trendline...no short entry.
if breaks and retest will look for short.
until then keep watch.

1 Ağu 2023

Not

now at trendline will see it breaks or rise.

1 Ağu 2023

Not

Gap filled....be care full.

1 Ağu 2023

Not

if price again breaks will go for short side...keeping Sl near trendline.

1 Ağu 2023

Not

broken and retest is done.

1 Ağu 2023

İşlem aktif

1 Ağu 2023

Not

safe traders wait for break below....

1 Ağu 2023

Not

it is a risky trade....a continuous fall trade...may stop loss hit...keep safe.

1 Ağu 2023

Not

Strict to SL

1 Ağu 2023

Not

1 Ağu 2023

Not

this is the place...they can take the price much higher....

1 Ağu 2023

Not

I am changing my Sl to Entry point.

1 Ağu 2023

Not

safe ones book

1 Ağu 2023

İşlem kapandı: hedefe ulaştı

1 Ağu 2023

Not

keep safe....

1 Ağu 2023

Not

price broken the trendline on opposit side...

1 Ağu 2023

Not

Risk ones enter long

1 Ağu 2023

İşlem aktif

1 Ağu 2023

Not

1 Ağu 2023

İşlem kapandı: durdurma seviyesi