BANKNIFTY--Trending or Range ??
Güncellendi
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...
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...
Not
The end of bearishness ....but don't go longNot
we don't have confirmation....as this is yesterday's continuation...Not
wait until price breaks the trendline...before long.Not
until don't go long....it may again continue its direction...be safe.Not
Inverse Head and shoulder may comes...will seeNot
don't go for shortNot
Enter long on break of this..Not
safe ones avoid...It is a risk one.Not
If any one wants to change thier stoploss change it to below neckline...Not
Its revolving around entry point....Not
Its being risky...take care of good ones.İşlem kapandı: durdurma seviyesi
Not
Hitting the retail traders stoploss and moving back....Not
I am entering long again.Not
there is a chance that same level again push it down...keep safe.Not
No more trades for today....as it is very volatile....leave for the day.Not
price is at important level.. 
**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--
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.