BANKNIFTY--Drop base Drop or Bullish??

I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.

Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.

Trade safe...Thank you guys for your support

ความคิดเห็น:

keep safe before shorting...price enters into the support area...
may breakdown happens...or reversal happens.

ความคิดเห็น:

no long guys....this might be pullback

ความคิดเห็น:

when price consolidates on topside...then only long entryy...

ความคิดเห็น:

If they want to eliminate sellers again....price will comes to top and again be bearish from 46200-46300 levels.

ความคิดเห็น:

price is now at important zone ...upside or downside...

ความคิดเห็น:

If price consolidation happens between 45640--45840 then only long

ความคิดเห็น:

exit from short...if price breaks the trendline

ความคิดเห็น:

retest to 45700 zone and break....then only long side...
otherwise short side continuation may happens.

ความคิดเห็น:

price is in the zone....lets wait for a break...above then onlyy long.

ความคิดเห็น:

if no continuation topside...bearishness again.

ความคิดเห็น:

waiting for big move

ความคิดเห็น:

opens above the trendline....wait for retest and continuation...
if no continuation look for short below the support levels.

ความคิดเห็น:

nearest resistance at 46200 levels.