BANKNIFTY--Trending or Range ??

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the Banknifty index is still in range...
Price is continuously rejecting from the level @45100...
today after a strong fall price stopped its bearish momentum...and
price closed in the same range again...

If tomorrow price breaks the 44700 level...will be on buy side up to trendline and 45100.
If price wants to breaks this strong bullish momentum it has to break with either gap down or consolidation to bearish.
Until price breaks this level 44300 level keep on bullish...

On upside we are still pending with the retest of major trendline...

Keep track this trendline...if resist the price to go up will get good point.

will see in the next session what happens...
Ghi chú
The end of bearishness ....but don't go long
Ghi chú
we don't have confirmation....as this is yesterday's continuation...
Ghi chú
wait until price breaks the trendline...before long.
ảnh chụp nhanh
Ghi chú
until don't go long....it may again continue its direction...be safe.
Ghi chú
Inverse Head and shoulder may comes...will see
ảnh chụp nhanh
Ghi chú
don't go for short
Ghi chú
Enter long on break of this..
ảnh chụp nhanh
Ghi chú
safe ones avoid...It is a risk one.
ảnh chụp nhanh
Ghi chú
If any one wants to change thier stoploss change it to below neckline...
ảnh chụp nhanh
Ghi chú
Its revolving around entry point....
Ghi chú
Its being risky...take care of good ones.
Đóng lệnh: dừng lỗ
ảnh chụp nhanh
Ghi chú
Hitting the retail traders stoploss and moving back....
ảnh chụp nhanh
Ghi chú
I am entering long again.
ảnh chụp nhanh
Ghi chú
there is a chance that same level again push it down...keep safe.
ảnh chụp nhanh
Ghi chú
No more trades for today....as it is very volatile....leave for the day.
Ghi chú
price is at important level..
ảnh chụp nhanh
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