Nifty Bank Indexמעודכן BANKNIFTY--Case1 or Case2 ??
BANKNIFTY is now at golden zone of fibonacci.
we have 2 possible cases here,
case1::
It may reverse from golden zone.
(or)
case2:: After strong bearishness today given some retracement, to enter short side continuation.
If price consolidates , price fall continue towards bullish gap on bottom side.
Keep safe here, volatility is more in this scenarios.
we have 2 possible cases here,
case1::
It may reverse from golden zone.
(or)
case2:: After strong bearishness today given some retracement, to enter short side continuation.
If price consolidates , price fall continue towards bullish gap on bottom side.
Keep safe here, volatility is more in this scenarios.
הערה
Before Budget these bullish and bearish moves are common.If price consolidates between the zones from 47000-44500 levels, after budget price gives rally to topside...
Be careful until Budget.
הערה
הערה
the current situation of Bank nifty is in Bullish correction phase.הערה
No short sideהערה
wait for long side...break and retrace then enter long הערה
if there is no break above, bottom side liquidity will be finished...safe before long.הערה
trendline is pushing up...הערה
Exactly opens in the zone of resistance.. There might be some push to the top side... Later it may again fall back... Keep safe before longהערה
Price is exactly in the zone of support.... Keep safe before short from this levelהערה
44150 -44200 is a good support... Keep in long side from here
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**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.