BANKNIFTY--Retracement or Fall ??

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Price broken the strong demand zone by opening gapdown,
and starts consolidation immediately...at the end it tested the demand again.
price exactly closed by testing the demand zone, if price wants to fall continuously, tomorrow again it opens down and fall to below levels.
if price wants to give some retracement, it will again test the previous ATH level...
where previously strong fall happens....
ảnh chụp nhanh

If tomorrow price opens below levels, will look for long in this place...
previously multiple times price got rejected from this level.
may acts as support....keep track this levels....

Today we will not get any entries on any side...it is in consolidation range, till the end.
will see in the next session what happens.
Ghi chú
Price opened gap up....dont be on short side...keep looking for long entry...
Ghi chú
If price eliminates all the buyers once again...then it will go up ...price will give us retracement.
ảnh chụp nhanh
Ghi chú
Enter long...if price again breaks.
ảnh chụp nhanh
Ghi chú
price breaks and retest also...enter in long trade.
ảnh chụp nhanh
Giao dịch đang hoạt động
Ghi chú
ảnh chụp nhanh
Ghi chú
risk ones change stoploss to entry point...
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Đóng lệnh: đạt mục tiêu
Target 1 done
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Ghi chú
keep in long....don't exit.
Ghi chú
safe ones exit....
Đóng lệnh: đạt mục tiêu
2nd target done
ảnh chụp nhanh
Ghi chú
price is at trendline
ảnh chụp nhanh
Giao dịch được đóng thủ công
Ghi chú
Will see what happens in the next session.
BANKNIFTYbankniftyanalysisbankniftylevelsbankniftypredictionbankniftytomorrowbankniftytradesetupbankniftytrendbankniftyviewSupply and DemandSupport and ResistanceTrend Analysis

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