BANKNIFTY--Consolidation or Breakdown??

ที่อัปเดต:
If price consolidates @43400-43800 levels and then price has a chance of manipulation(Rise) before testing the 42800 levels...so take care before long/Short....

I am sharing the important levels of Support and Resistance. These levels play 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.
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
บันทึกช่วยจำ
Keep in short side as long as price below 43720 and keep your SL as 43840
บันทึกช่วยจำ
Keep in short side....43800 is a resistance.... if failed to acts as resistance...then only long...But chance of fake out is also possible...
บันทึกช่วยจำ
It is trading in a channel...keep safe...
สแนปชอต
บันทึกช่วยจำ
until break and retest no long side...
บันทึกช่วยจำ
Enter long on break...
สแนปชอต
ปิดการเทรด: ถึงเป้าหมายการทำกำไร
Exit few....change your SL to 43720
สแนปชอต
บันทึกช่วยจำ
Don't take risk....it may completely reverse....keep safe.....
บันทึกช่วยจำ
สแนปชอต
บันทึกช่วยจำ
สแนปชอต
บันทึกช่วยจำ
enter short on break....
บันทึกช่วยจำ
it will consolidate some time ...keep safe...
สแนปชอต
บันทึกช่วยจำ
it will be in a consolidation zone...pls avoid don't take risk...
บันทึกช่วยจำ
consolidation to topside may also possible...it's intention is short side only...
ปิดการเทรด ด้วยตนเอง
สแนปชอต
บันทึกช่วยจำ
will see tomorrow what happens...
BANKNIFTYbankniftyanalysisbankniftylevelsbankniftypredictionbankniftytradesetupbankniftytradingbankniftytrendbankniftyviewSupply and DemandSupport and ResistanceTrend Analysis

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