BANKNIFTY--13-08-23

מעודכן
I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.

Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.

Trade safe...Thank you guys for your support.
הערה
Liquidity lies on above red zone...
All pending orders are above this zone...
so it may eliminates them and again a chance of moving down...
So careful here, 45600 is a strong zone to push the price both sides...
If price unable to go higher,45800 levels, and again falls below the 45600 levels, more chances of filling the bullish gap and fall more.
תמונת-בזק
הערה
תמונת-בזק
הערה
Enter long on break above ,targets of 45600 levels.
הערה
If stoploss hits, will do reverse trading on short side....
הערה
Safe ones avoid. will see later after 45600 done.
הערה
now change your stoploss to 45375 and keep in trade...
הערה
If any wants to exit...exit..again some consolidation.
תמונת-בזק
עסקה סגורה: היעד הושג
exit few guys....rest trail them....
תמונת-בזק
הערה
Keep in long...it may breaks the 45600 levels and chance of moving up.
change your stoploss to entry or 45375.
עסקה סגורה: היעד הושג
Keep in long...
תמונת-בזק
הערה
Keep for the final target of 43700 levels...or entry point...
הערה
or exit from 45520 levels....
הערה
exit from long side....45520 levels below.
הערה
Keep for final target
תמונת-בזק
הערה
Exit from long side...once it touches...or breaks.target2
הערה
תמונת-בזק
עסקה סגורה: היעד הושג
final target done.
תמונת-בזק
הערה
If you want to go for short wait for the price reverse and retracement, then will enter on short side.
תמונת-בזק
הערה
Exit from long....
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