BANKNIFTY-- Bearish channel Breakout ??

7 ก.ย. 2023

price is exactly closed in the resistance zone again.
Broken the trendline strongly...
broken the bearish channel strongly.
Today after showing strong bearish momentum price showing strong bullishness, finally closed at resistance zone.
price is now above the bearish channel...
if this resistance zone,resist the price to go up it will fall upto the bearish channel.
If price falls below the bearish channel again...
price again chance of falling downside.
Previous resistances, gives support price is bullish again and will break 45100 levels soon.
Consolidation may happens, before going to break the resistance.
will see what happens in the next session.

8 ก.ย. 2023

บันทึก

don't go for long.

8 ก.ย. 2023

บันทึก

we will buy at discounted price.

8 ก.ย. 2023

บันทึก

Go long...hen break and retest..until keep in short side.

8 ก.ย. 2023

บันทึก

If price breaks and retest will go for short side...with small SL.

8 ก.ย. 2023

บันทึก

Targets are previous resistances.. on trendline 44780 and 44670

8 ก.ย. 2023

บันทึก

Enter short...when trendline fails to push the price up.

8 ก.ย. 2023

บันทึก

previously the 44800-44850 zone is stronger...thats why it will not allow the price to goes down.

8 ก.ย. 2023

บันทึก

wait for rally base rally or reversal with retracement.

8 ก.ย. 2023

บันทึก

end of bullishness ...

8 ก.ย. 2023

บันทึก

keep safe...

8 ก.ย. 2023

บันทึก

Price gives us discount...wait for short

8 ก.ย. 2023

บันทึก

don't go short...price may again break high.

8 ก.ย. 2023

บันทึก

Keep an eye 45300

8 ก.ย. 2023

บันทึก

All longs going to windup...

8 ก.ย. 2023

บันทึก

Keep safe guys.....