BANKNIFTY-- 45100 Is Support or Resistance??
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A strong fall is observed from the previous strong resistance level @45100 level.
Previously while breaking the strong level of resistance, price broken the resistance with
strong bullish momentum @44400 levels...
price is now again at these levels...
if tomorrow price takes the help of this support zone, price will again takes u turn to upside...
While going on top side, observe the reaction at 45100-45200 levels, may again have a chance of push it down.so be careful at this level …
if price breaks this level, we can keep on buyside, we are left with bearish gaps....price fills these bearish gaps and continue to move upside with pullbacks...
so careful before short side...
If price facing resistance again at 45100, price falls back. If not price is bullish again.
Keep safe....
Previously while breaking the strong level of resistance, price broken the resistance with
strong bullish momentum @44400 levels...
price is now again at these levels...
if tomorrow price takes the help of this support zone, price will again takes u turn to upside...
While going on top side, observe the reaction at 45100-45200 levels, may again have a chance of push it down.so be careful at this level …
if price breaks this level, we can keep on buyside, we are left with bearish gaps....price fills these bearish gaps and continue to move upside with pullbacks...
so careful before short side...
If price facing resistance again at 45100, price falls back. If not price is bullish again.
Keep safe....
Note
Enter long on break...Transaction en cours
Note
45100 is a key zone...Note
44960 level previously it is a demand zone....if again pushes the price up will see good upside momentum...Note
Trade fermée: cible de profit atteinte
Target 1 done.Note
change your stop loss to entry pointNote
guys keep safe...an elimination move may occurs....Note
Don't go for short side....Note
keep on long view...Note
Wait for the price to break 44800 and retracement to enter long.Note
Until don't initiate longs...later will see what happens.
Note
Will initiate a long position, if price breaks trendline and retest...Note
Inverse Head and shoulders.....Note
Enter long on break...Trade fermée: cible de profit atteinte
Trade fermée: cible de profit atteinte
T2 DONETrade fermée: cible de profit atteinte
T3 DONENote
don't go for short side....wait for the update....Note
Price enters in to consolidation phase...Note
Keep in bullish view....Note
Exit 80% of your trades...
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