BANKNIFTY--Trending or Range ??

10 авг. 2023 г.

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 авг. 2023 г.

Заметка

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

11 авг. 2023 г.

Заметка

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

11 авг. 2023 г.

Заметка

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

11 авг. 2023 г.

Заметка

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

11 авг. 2023 г.

Заметка

Inverse Head and shoulder may comes...will see

11 авг. 2023 г.

Заметка

don't go for short

11 авг. 2023 г.

Заметка

Enter long on break of this..

11 авг. 2023 г.

Заметка

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

11 авг. 2023 г.

Заметка

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

11 авг. 2023 г.

Заметка

Its revolving around entry point....

11 авг. 2023 г.

Заметка

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

11 авг. 2023 г.

Сделка закрыта: достигнута стоп-лосс цена

11 авг. 2023 г.

Заметка

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

11 авг. 2023 г.

Заметка

I am entering long again.

11 авг. 2023 г.

Заметка

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

11 авг. 2023 г.

Заметка

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

11 авг. 2023 г.

Заметка

price is at important level..