Harmonic Trade extension is 1.618% is 28,180 Gann Resistance :- 28,225 Demand & Supply Resistance:- 28,186 to 28,305
Positional Trend Reversal levels:- 27,075.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
I intentionally avoided long at these critical levels and we saw a big spike down, which was expected and it happened and hence avoid trades.
Trading is not about trading always but to wait for the right moment for fire trades.
gsara111975
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@subhagghosh, yes sir you are right.today also the upper levels are crossed as per your analysis.Thanks for the advice to have a SL at 28500...Thanks...
jebamichaelrajm
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give some clear range bro
subhagghosh
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@jebamichaelrajm, No range is there...positional target was 28400 which got completed today.
jebamichaelrajm
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bro what will dominate? bear or bull?
subhagghosh
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#banknifty:- Resistance becomes support.
Shorts are getting squeezed 29,200 to 29,500 very much possible.