BANKNIFTY--Consolidation or Bullish ??
Atualizado
A strong bullishness is observed from the 42700 levels...
In today's session we observed that buyers are strong, they can't allow the sellers to take the price down...
at the end of the session short positions might be closed...
As long as price is above the 42680 level.. keep in long side...
A flag and pole is going to observe in BANKNIFTY indicating an target of 43600 levels, which is previously a strong a demand area...
Keep safe before going to short side...
In today's session we observed that buyers are strong, they can't allow the sellers to take the price down...
at the end of the session short positions might be closed...
As long as price is above the 42680 level.. keep in long side...
A flag and pole is going to observe in BANKNIFTY indicating an target of 43600 levels, which is previously a strong a demand area...
Keep safe before going to short side...
Nota
Consolidation is observed at 43000-43200 levels...Nota
Exactly opens at the given level....wait before long or short side...Nota
wait before enter into long....Nota
If no continuation break down...enter long...on break and retracement..Nota
Exit from long if price breaks 42720 levelNota
If price breaks 42650-640 zone and retrace then short for target of 42530 and 42500 levels.Nota
Nota
Go long if again price reach top and takes the support of 42720 level...target of 42880.Nota
Broken down wait for retraceNota
Keep in short side until it breaks 42680 level upside.Nota
No continuation move is observed...it is in fully consolidation mode...Nota
Enter short on breakTrade ativo
Trade fechado manualmente
No candle is closing above that level...Nota
Will see tomorrow
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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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