BANKNIFTY--Trending or Range ??

10 Ağu 2023

the Banknifty index is still in range...
Price is continuously rejecting from the level @45100...
today after a strong fall price stopped its bearish momentum...and
price closed in the same range again...

If tomorrow price breaks the 44700 level...will be on buy side up to trendline and 45100.
If price wants to breaks this strong bullish momentum it has to break with either gap down or consolidation to bearish.
Until price breaks this level 44300 level keep on bullish...

On upside we are still pending with the retest of major trendline...

Keep track this trendline...if resist the price to go up will get good point.

will see in the next session what happens...

11 Ağu 2023

Not

The end of bearishness ....but don't go long

11 Ağu 2023

Not

we don't have confirmation....as this is yesterday's continuation...

11 Ağu 2023

Not

wait until price breaks the trendline...before long.

11 Ağu 2023

Not

until don't go long....it may again continue its direction...be safe.

11 Ağu 2023

Not

Inverse Head and shoulder may comes...will see

11 Ağu 2023

Not

don't go for short

11 Ağu 2023

Not

Enter long on break of this..

11 Ağu 2023

Not

safe ones avoid...It is a risk one.

11 Ağu 2023

Not

If any one wants to change thier stoploss change it to below neckline...

11 Ağu 2023

Not

Its revolving around entry point....

11 Ağu 2023

Not

Its being risky...take care of good ones.

11 Ağu 2023

İşlem kapandı: durdurma seviyesi

11 Ağu 2023

Not

Hitting the retail traders stoploss and moving back....

11 Ağu 2023

Not

I am entering long again.

11 Ağu 2023

Not

there is a chance that same level again push it down...keep safe.

11 Ağu 2023

Not

No more trades for today....as it is very volatile....leave for the day.

11 Ağu 2023

Not

price is at important level..