BANKNIFTY--Drop Base Drop ??

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Price broken the trendline and retested, we will enter in short side...Our target gets hit.
price again on the other side broken the trendline and we enter in long side.. our stop loss hits.

now price is near to the major trendline break...
in bigger time frame price broken bullish channel...
and in smaller time frames...it is again in channel...
so tomorrow if price again reversed from the major trendline, looks for buyside...

Price is without touching the resistance showing bearishness, to trap the early sellers.
now we have to observe price will again bullish from drop base drop...

so will see what happens in the next session.
Ghi chú
Drop base drop is observed...if falls from this level.
ảnh chụp nhanh
Ghi chú
If major trendline failed to acts as support again...looking for sell.
ảnh chụp nhanh
Ghi chú
If price continue to upside...on break of channel and retest..enters in long side.
ảnh chụp nhanh
Ghi chú
Will see tomorrow what happens.
Ghi chú
Be aware now.....
price completed the drop base drop...by opening gap down...
ảnh chụp nhanh
Ghi chú
Don't go for short side.....
keep in the long side...
we are going to look for long entry.
Ghi chú
A gap down indication means...look for long side...
Ghi chú
wait for the right oppurtunity...
Ghi chú
Price consolidation to downside...
ảnh chụp nhanh
Ghi chú
Price is moving down wards...we don't get any entry, to enter.
If it is a continuous move we will get a good profit today, in a drop base drop.
Let's find an opportunity again...if i will get any entry, i will update.
Thanks guys for your support.
Ghi chú
It's Buyers time
Ghi chú
they wants to take the liquidity.
ảnh chụp nhanh
Ghi chú
Price is near the support...don't go long...will see if gives us entry or not.
ảnh chụp nhanh
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