Nifty Bank IndexGüncellendi BANKNIFTY--Case1 or Case2 ??
BANKNIFTY is now at golden zone of fibonacci.
we have 2 possible cases here,
case1::
It may reverse from golden zone.
(or)
case2:: After strong bearishness today given some retracement, to enter short side continuation.
If price consolidates , price fall continue towards bullish gap on bottom side.
Keep safe here, volatility is more in this scenarios.
we have 2 possible cases here,
case1::
It may reverse from golden zone.
(or)
case2:: After strong bearishness today given some retracement, to enter short side continuation.
If price consolidates , price fall continue towards bullish gap on bottom side.
Keep safe here, volatility is more in this scenarios.
Not
Before Budget these bullish and bearish moves are common.If price consolidates between the zones from 47000-44500 levels, after budget price gives rally to topside...
Be careful until Budget.
Not
Not
the current situation of Bank nifty is in Bullish correction phase.Not
No short sideNot
wait for long side...break and retrace then enter long Not
if there is no break above, bottom side liquidity will be finished...safe before long.Not
trendline is pushing up...Not
Exactly opens in the zone of resistance.. There might be some push to the top side... Later it may again fall back... Keep safe before longNot
Price is exactly in the zone of support.... Keep safe before short from this levelNot
44150 -44200 is a good support... Keep in long side from here
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Please Like, Follow and Comment
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**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
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