BANKNIFTY--Gap Up or Gap Down??
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Price is rejected from the trendline again and closed exactly at the trendline...
Price is given us discount @44250 level.
if tomorrow breaks this trendline, it will not test this trendline immediately...
It will reach any one of the resistance and then come back...
If opens downside...we will wait for an up move or downside continuation...
If a gapdown occurs sellers may exit or continue to take it down...we have to wait and see what happens.
If they want to break it...price will open above and continue to move upwards..and then back to the trendline from the above resistances.
will see it in the next session.
Price is given us discount @44250 level.
if tomorrow breaks this trendline, it will not test this trendline immediately...
It will reach any one of the resistance and then come back...
If opens downside...we will wait for an up move or downside continuation...
If a gapdown occurs sellers may exit or continue to take it down...we have to wait and see what happens.
If they want to break it...price will open above and continue to move upwards..and then back to the trendline from the above resistances.
will see it in the next session.
Ghi chú
Ghi chú
wait for long opportunity.Ghi chú
Enter long on break to the upside.Ghi chú
If stoploss hits...price will reach 44100 levels...soon.Đóng lệnh: đạt mục tiêu
Exit few...Đóng lệnh: đạt mục tiêu
Ghi chú
Don't go for short side...immediately.Ghi chú
Wait for the price to reversal back...break on trendline and retest...Ghi chú
It will make head and shoulders then...Ghi chú
Be careful guys.....Ghi chú
End of bullishness
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Also share your thoughts in the comments section.
Thanks for your Support **
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