BANKNIFTY--U turn to Bullish ??
Atualizado
The banknifty index is again showing a strong fall...with an equal rise.....
this strong fall indicates the exhaustion of selling pressure...
or is still there is some more bearishness ahead,in the end bulls successfully taken the price towards upside...
if this indicates exhaustion of buyers, after a strong selling pressure is observed or an initiation of bullishness.
we are still in confusion...we cannot predict the direction of bank nifty still....
If this fall is end of bearishness from tomorrow on wards price will go higher levels.
If this is again a beginning will see some more fall in bank nifty index.
So if it is bullish, when to enter in a trade...
after this strong rise if tomorrow it gives us any discount will enter in long side again.
tomorrow again will see a consolidation or strong break above 45100 levels..
will see in the next session what happens...
this strong fall indicates the exhaustion of selling pressure...
or is still there is some more bearishness ahead,in the end bulls successfully taken the price towards upside...
if this indicates exhaustion of buyers, after a strong selling pressure is observed or an initiation of bullishness.
we are still in confusion...we cannot predict the direction of bank nifty still....
If this fall is end of bearishness from tomorrow on wards price will go higher levels.
If this is again a beginning will see some more fall in bank nifty index.
So if it is bullish, when to enter in a trade...
after this strong rise if tomorrow it gives us any discount will enter in long side again.
tomorrow again will see a consolidation or strong break above 45100 levels..
will see in the next session what happens...
Nota
Don't go short....WaitNota
wait for bullish....Nota
Risk one enter long Trade ativo
Nota
too much volatality...Nota
keep safe...Nota
Careful guys...Nota
exit few at target 1Nota
change your Sl to below the zone...Nota
Trade fechado: objetivo atingido
Target 1 done...Nota
price may breaks 45100 levels...keep safe...Sl is must...
risk one change your sl to below the zone of right shoulder.
Nota
now price is at yesterday strong fall area, may pushes down..keep safe..Nota
An elimination move....Nota
price broken the trendline if it will not acts as resistance will again be on long side...Nota
Nota
price is rejecting the bearish view...wait for bullishNota
enter on short side...if price breaks..below..keep targets 1: 1Nota
Nota
Missed the target by few points...Trade fechado manualmente
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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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