Bank Nifty - Bullish for further 49000 levels???

Обновлено
BNF looks bullish now but if we see the daily candlestick - it creates confusion in the mind.

Simple analysis:
Gap Down Open - Confusion/Reversal
Gap up Open - Must be above top blue line

Bullish - Prices must hold above top blue line!

NTZ = NOTRADING ZONE (Avoid fresh entry)

Заметка
Almost flat opening. Chances of reversal/ failure is there!
Заметка
first target achieved
Заметка
BNF opening today in the NTZ! This analysis could achieve 1st target only towards upward move! Mindset changed now! Neutral till prices keave the NTZ.
Заметка
Sell on rises activates!
The Rises
1st 48200-280

2nd 48350 to 48475
Заметка
The 1st rise worked very well today!
Сделка закрыта: достигнута тейк-профит цена
both upward and downward targets achieved!
Chart PatternsTrend Analysis

Отказ от ответственности