BANKNIFTY--Breakout or Breakdown??

Price is continuously rejected to the upside from 45900 zone....
but failed to move upside...
if price breaks and retest will go for upside...
if price breaks below,45900 level, we will look for buy side in the demand zone @45600 level..

tomorrow also price mostly in a range...if falls below 45900.
bottom demand pushes the price up...multiple rejection area will pushes the price down..
we have a bullish gap left behind the demand zone...keep an eye on these levels.
until price breaks these we cannot say anything further momentum.

so tomorrow mostly price is in consolidation...between the demand and HH, if falls below 45900

If price breaks the trendline and gives us retest will go for buying...up to the ATH Level.
will see what happens tomorrow...in live market.

הערה:

Enter on bullish side...only break of trendline retest...fake out is also possible.

הערה:

exactly opens in Supply zone...don't go for long...immediately...

הערה:

yesterday zone may again push the price towards gap up area...wait before long...

הערה:

Short side done...up to Gap up finished.

הערה:

Now will look for buy side...

הערה:

If price breaks yesteday's low....on pull back enter again for short.

הערה:

הערה:

Still trading in range...no sign of bullishness...

עסקה סגורה: היעד הושג:

Until previous day low done...
keep in the trade...

הערה:

those who don't take entry...you can enter here...

הערה:

Safe one's Exit....risk one's target...

הערה:

2nd trade target 1 reahed.

הערה:

change you stoploss to entry point.

עסקה סגורה: היעד הושג:

2nd trade closed...

הערה:

keep turning the 1st trade until entry point...

הערה:

Risky one's keep until the next target

הערה:

Now we can see some volatality....

הערה:

Price is again rejected from trendline...again fall happens or Will break the trendline.

הערה:

I am giving you the 3rd trade...if price again breaks this ....by keeping Sl above the trendline .

עסקה סגורה: היעד הושג:

3rd trade 1st target reached.

הערה:

Safe traders exit...safely

עסקה סגורה: היעד הושג:

2nd target reached.

הערה:

finally safely landed at demand zone.

הערה:

keep in the trade for final target.

הערה:

if price breaks the trendline and gives retest..will go for short again.

הערה:

price broken the trendline....waiting for retest will see what happens tomorrow.