BANKNIFTY--Consolidation to Resistance @44500 ??

Observations::
the previous resistance @44500 level is broken by opening a huge gap up
then price is immediately testing the resistance with a single red candle...
tomorrow this red candle...won't allow the price to go down...
but price wants to fill the small gap up....which is left almost 55-60 points gap..

if we see from top price is continuously falling...from 45600 levels...
if tomorrow price wants to fill this gap....and big red candle rejecting the price downwards..
and above we have strong demand acts as resistance again...

considering all these 3 points results in a consolidation market...
in which levels these consolidation takes place...i.e from 45000-44650 levels....
what happens if price starts consolidation...
if price consolidates to test the previous resistance...
which indicates a bullishness again from 44500 levels...

if a continuous falling happens price will again test the 44000-44100 levels.
All this is a pre- post market analysis, live market is entirely different from these analysis...
will see on live market what happens.

הערה:

Price is at our POI for sell...wait for confirmation.

הערה:

broken the trendline as well...but need for retest...to go long..mostly fake out happens..

הערה:

its clear...rejections...wait for a pullback

הערה:

הערה:

we are always safe traders...so we have gap below..after completion ...again gives pullback then will again enter ...

הערה:

If i want to golong....it has to move strong to upside...and gives me some pullback then only up...

הערה:

consolidation starts....it is moving up and downs...no proper targets..only Sl hit program is initiated.Be careful at every level..

הערה:

price broken...with consolidation...chance of going down...
will wait until small trendline to be break and retest.

הערה:

No proper momentum...after break and retest also...

הערה:

price is taking multiple times rejection from the same level...it can give breakout on an side...

הערה:

i am taking more confluence...
price broken trendline on bottom side..if failed then only..
and again taking the help of upper trendline continuation...

הערה:

price again proven that a sign of bearishness....
Price broken our POI for sell,moving slowly to the upside...
broken the trendline..in smaller time frame and fall back...no oppurtunity to enter long...
today we have a major trendline if this trendline again acts as resistance...it will again fall back..
the big red candle is pushing the price little up...
An ascending triangle is formed....which is also a sign of bullishness from the previous resistance level...
without knowing we cannot take entry on buy side...
will wait for trendline break and retest....to go long from resistance acts as support.

הערה:

that big red candle rejecting the price to go down....