BANKNIFTY--Gap Up or Gap Down??
Обновлено
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.
Заметка
Заметка
wait for long opportunity.Заметка
Enter long on break to the upside.Заметка
If stoploss hits...price will reach 44100 levels...soon.Сделка закрыта: достигнута тейк-профит цена
Exit few...Сделка закрыта: достигнута тейк-профит цена
Заметка
Don't go for short side...immediately.Заметка
Wait for the price to reversal back...break on trendline and retest...Заметка
It will make head and shoulders then...Заметка
Be careful guys.....Заметка
End of bullishness
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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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