BANKNIFTY--Drop base Drop or Bullish??

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I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.

Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.

Trade safe...Thank you guys for your support
Ghi chú
keep safe before shorting...price enters into the support area...
may breakdown happens...or reversal happens.
ảnh chụp nhanh
Ghi chú
no long guys....this might be pullback
Ghi chú
when price consolidates on topside...then only long entryy...
ảnh chụp nhanh
Ghi chú
If they want to eliminate sellers again....price will comes to top and again be bearish from 46200-46300 levels.
Ghi chú
price is now at important zone ...upside or downside...
Ghi chú
If price consolidation happens between 45640--45840 then only long
Ghi chú
exit from short...if price breaks the trendline
ảnh chụp nhanh
Ghi chú
retest to 45700 zone and break....then only long side...
otherwise short side continuation may happens.
ảnh chụp nhanh
Ghi chú
price is in the zone....lets wait for a break...above then onlyy long.
ảnh chụp nhanh
Ghi chú
if no continuation topside...bearishness again.
ảnh chụp nhanh
Ghi chú
waiting for big move
ảnh chụp nhanh
Ghi chú
opens above the trendline....wait for retest and continuation...
if no continuation look for short below the support levels.
ảnh chụp nhanh
Ghi chú
nearest resistance at 46200 levels.
BANKNIFTYbankniftyanalysisbankniftyintradaylevelsbankniftylevelsbankniftypredictionbankniftytradesetupbankniftytrendbankniftyviewSupply and DemandSupport and ResistanceTrend Analysis

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