Bank nifty index is again taking the support from the trendline and showing bullish pressure.. now the price is near its previous strong fall area. If this area pushes the price downwards price is again fall.
If price breaks the trendline we have a strong support in the bottom side @44800... that will again push the price upside...
So Until price breaks the trendline keep on buy side... will be on short side...if price breaks and retest the trendline.
Will see in the next session what happens...
Nota
Double top is also formed
Nota
Nota
All these are indicating a reversals in Banknifty.
Nota
those who are swing traders can look in this picture....they will understand much.
Nota
wait for the breakdown of channel, and retest.
Nota
Price is near to major trendline...
Nota
Price broken..the trendline...wait before taking any positions.
Nota
Major trendline broken strongly....now will wait for retest.
**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support ** --Educational Purpose Only-- --Not SEBI Registered--
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support ** --Educational Purpose Only-- --Not SEBI Registered--
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.