BANKNIFTY--Gap Up or Gap Down??
Güncellendi
Price is rejected from the trendline again and closed exactly at the trendline...
Price is given us discount @44250 level.
if tomorrow breaks this trendline, it will not test this trendline immediately...
It will reach any one of the resistance and then come back...
If opens downside...we will wait for an up move or downside continuation...
If a gapdown occurs sellers may exit or continue to take it down...we have to wait and see what happens.
If they want to break it...price will open above and continue to move upwards..and then back to the trendline from the above resistances.
will see it in the next session.
Price is given us discount @44250 level.
if tomorrow breaks this trendline, it will not test this trendline immediately...
It will reach any one of the resistance and then come back...
If opens downside...we will wait for an up move or downside continuation...
If a gapdown occurs sellers may exit or continue to take it down...we have to wait and see what happens.
If they want to break it...price will open above and continue to move upwards..and then back to the trendline from the above resistances.
will see it in the next session.
Not
Not
wait for long opportunity.Not
Enter long on break to the upside.Not
If stoploss hits...price will reach 44100 levels...soon.İşlem kapandı: hedefe ulaştı
Exit few...İşlem kapandı: hedefe ulaştı
Not
Don't go for short side...immediately.Not
Wait for the price to reversal back...break on trendline and retest...Not
It will make head and shoulders then...Not
Be careful guys.....Not
End of bullishness
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Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
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Feragatname
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