BANKNIFTY--Trending or Range ??

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