IIT-Trader

BANKNIFTY-- 45100 Is Support or Resistance??

IIT-Trader מעודכן   
NSE:BANKNIFTY   Nifty Bank Index
A strong fall is observed from the previous strong resistance level @45100 level.
Previously while breaking the strong level of resistance, price broken the resistance with
strong bullish momentum @44400 levels...
price is now again at these levels...
if tomorrow price takes the help of this support zone, price will again takes u turn to upside...

While going on top side, observe the reaction at 45100-45200 levels, may again have a chance of push it down.so be careful at this level …
if price breaks this level, we can keep on buyside, we are left with bearish gaps....price fills these bearish gaps and continue to move upside with pullbacks...
so careful before short side...

If price facing resistance again at 45100, price falls back. If not price is bullish again.
Keep safe....
הערה:
Enter long on break...
עסקה פעילה
הערה:
45100 is a key zone...
הערה:
44960 level previously it is a demand zone....if again pushes the price up will see good upside momentum...
הערה:
עסקה סגורה: היעד הושג:
Target 1 done.
הערה:
change your stop loss to entry point
הערה:
guys keep safe...an elimination move may occurs....
הערה:
Don't go for short side....
הערה:
keep on long view...
הערה:
Wait for the price to break 44800 and retracement to enter long.
הערה:
Until don't initiate longs...
later will see what happens.
הערה:
Will initiate a long position, if price breaks trendline and retest...
הערה:
Inverse Head and shoulders.....
הערה:
Enter long on break...
עסקה סגורה: היעד הושג:
עסקה סגורה: היעד הושג:
T2 DONE
עסקה סגורה: היעד הושג:
T3 DONE
הערה:
don't go for short side....wait for the update....
הערה:
Price enters in to consolidation phase...
הערה:
Keep in bullish view....
הערה:
Exit 80% of your trades...

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