BANKNIFTY--@Trendline Resistance
Updated
A strong bullishness is observed in BANKNIFTY index, now it is at one more crucial stage
this time will this breaks the trendline or fails to break this line.
if price failed to make a break above this will observe a one more fall in Bank Nifty.
On bottom side we have liquidity lies below 44600 levels...
Wait for the price to break the trendline and sustain otherwise fall happens.
This is the place to book all longs for now.
this time will this breaks the trendline or fails to break this line.
if price failed to make a break above this will observe a one more fall in Bank Nifty.
On bottom side we have liquidity lies below 44600 levels...
Wait for the price to break the trendline and sustain otherwise fall happens.
This is the place to book all longs for now.
Note
on the otherside price broken the trendline strongly,waiting for retest for further continuation.Note
drop base drop is expecting in Banknifty...please wait for the price to breaks bullish trendline Note
keep in long side as long as price is above 47200 levels.Note
manipulation chances are more at high... keep safeNote
again at channel bottomNote
price is now at support...wait for bullish turnNote
Manipulation moves occur keep safe...important zone.Note
If retracement gives possible move.Note
price is not at all broken the support at 47200 ,on the other side consolidation to bullish expceted for reversal.
showing some resistance at 47700 levels...
wait for the price to breaks the support for short side...otherwise it will reach 47700
Note
Note
keep safe no sign of bearishness...if change this is the place...if safe traders want to exit exit at breaks the trendline.Trade closed: target reached
Target 1 done.Trade closed: target reached
Exit from long before selling pressure comes...keep safe...wait for bearish side...not immediately.Note
finally its done...Note
Keep in long side as long as price is above the major trendline.....Note
price filled the bearish gap well
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