BANKNIFTY--Bullish Setup??
מעודכן
Bank nifty taken the liquidity below the 47200 levels...
on bottom side we have a strong bullishness observed by breaking the trendline @46800 levels,
now price is on its way to test this zone of support. this is the only zone that can push the
BANKNIFTY further upside...
keep in long side as long as price is above this levels.
on the other hand, IF price failed to breaks the NECKLINE or failed to create the right shoulder price will again test the ATH levels.
this is the only short cut way to reach the ATH again.
on bottom side we have a strong bullishness observed by breaking the trendline @46800 levels,
now price is on its way to test this zone of support. this is the only zone that can push the
BANKNIFTY further upside...
keep in long side as long as price is above this levels.
on the other hand, IF price failed to breaks the NECKLINE or failed to create the right shoulder price will again test the ATH levels.
this is the only short cut way to reach the ATH again.
הערה
price taken the liquidity...but price is closing above the same zone, wit for short side confirmationהערה
A good Zone sell for short side is 47600 levels...otherwise stop loss is more on topside.הערה
הערה
its liquidity grab one more time...no entry for continuation...wait for longהערה
הערה
Both are risky trades... if possible avoid.הערה
הערה
still the same zone waiting for breakdownהערה
Again at entry zone...for short side.עסקה סגורה: הגיע לסטופ
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Also share your thoughts in the comments section.
Thanks for your Support **
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--Not SEBI Registered--
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