BANKNIFTY--Will ATH Breaks ??

BANKNIFTY::

A Flag and Pole pattern...is observed
---->>price is clearly broken the channel and showing us bullish momentum.

we will also enter in long, achieved all targets.

if this momentum is continues or any breakdown will happens again.
if breakdown happens at which level this can be possible...
if we see the chart the price is constantly rejected by this level @45000-45200 that's broken.
after finishing the gap on upside,
price will again test the ATH and falls or continues its momentum towards upside.
If price tested ATH, we need a strong support to be expected from this level...@45000-45200 level to go for long.
because multiple times it acts as a resistance, if resistance becomes support we will observe a bullish momentum above ATH.

But ATH is strong so if price failed to acts as support @45200,price falls below, a strong bearish momentum can be happens.

will see what happens Tomorrow.

Thank you guys for your support.

הערה:

Price opened above previous ATH...do not initiate any fresh trades.

הערה:

all longs may be exited....

הערה:

Trading Above ATH is risky....will see what happens.price broken R1 retested if this break above will be on buyside...

הערה:

no entry....price reversed...from R1.

הערה:

can we enter short...

הערה:

will see today pivot points will work After ATH ??

עסקה פעילה:

הערה:

Risk involved ...safe traders pls avoid.

הערה:

If pivot points work ....I no need to analyse my trades....by spending more time on chart...

הערה:

After our entry point...price is exactly reversed...will see what happens...

הערה:

can any one identified small blackline..
why price is exactly reversed from that line...
.i.e the previous ATH level....

הערה:

Price rejection confirmed from R1... but on bottom side we have ATH...it has to help to push it more down...

הערה:

the previous resistance is rejecting the price upwords...

הערה:

If ATH again resist to go up more fall happens...careful guys...

הערה:

Safe traders can exit here....risky ones up to the Pivot point.

הערה:

this is a risky trade....on put side...
after a strong bullish momentum price is giving us pullback or retracement to enter long...wait for long side...

הערה:

Price is now at very important zone....

העסקה בוטלה באופן ידני:

I am exiting few positions...i am waiting for long in this zone...
keeping puts Sl at New ATH.

הערה:

two back to back zones....again take the price to upper levels....

הערה:

we can enter long with small risk..

הערה:

price is coming to our entry point...wait

הערה:

liquidity is below our entry keep safe....
it will manipulate and moves....
2 back to back zones....

הערה:

price is in tight consolidation.....breakout or breakdown happens.

עסקה פעילה:

long side....

הערה:

I am with hedge.....mng put is still on...keep safe...

העסקה בוטלה באופן ידני:

no momentum....will see tomorrow what happens....