BANKNIFTY-- Bearish channel Breakout ??

7 сент. 2023 г.

price is exactly closed in the resistance zone again.
Broken the trendline strongly...
broken the bearish channel strongly.
Today after showing strong bearish momentum price showing strong bullishness, finally closed at resistance zone.
price is now above the bearish channel...
if this resistance zone,resist the price to go up it will fall upto the bearish channel.
If price falls below the bearish channel again...
price again chance of falling downside.
Previous resistances, gives support price is bullish again and will break 45100 levels soon.
Consolidation may happens, before going to break the resistance.
will see what happens in the next session.

8 сент. 2023 г.

Заметка

don't go for long.

8 сент. 2023 г.

Заметка

we will buy at discounted price.

8 сент. 2023 г.

Заметка

Go long...hen break and retest..until keep in short side.

8 сент. 2023 г.

Заметка

If price breaks and retest will go for short side...with small SL.

8 сент. 2023 г.

Заметка

Targets are previous resistances.. on trendline 44780 and 44670

8 сент. 2023 г.

Заметка

Enter short...when trendline fails to push the price up.

8 сент. 2023 г.

Заметка

previously the 44800-44850 zone is stronger...thats why it will not allow the price to goes down.

8 сент. 2023 г.

Заметка

wait for rally base rally or reversal with retracement.

8 сент. 2023 г.

Заметка

end of bullishness ...

8 сент. 2023 г.

Заметка

keep safe...

8 сент. 2023 г.

Заметка

Price gives us discount...wait for short

8 сент. 2023 г.

Заметка

don't go short...price may again break high.

8 сент. 2023 г.

Заметка

Keep an eye 45300

8 сент. 2023 г.

Заметка

All longs going to windup...

8 сент. 2023 г.

Заметка

Keep safe guys.....