BANKNIFTY--Trending Up or Down ??
מעודכן
The bank nifty index, entire day price is trading in a range.
Tomorrow we can expect a breakout or breakdown.....
On top side if price breaks the 45100 level and gives us retest will go for long.
on bottom side if price breaks 44600 and retest will go for short side...
at triangle breakdown or breakout no entry will be placed...
fake out may be possible after a consolidation.
One more point after a strong consolidation price is going down means we can expect a strong upside momentum.
careful here.
Today price has taken the liquidity on both sides...eliminating both buyers and sellers.
Tomorrow we can expect a breakout or breakdown.....
On top side if price breaks the 45100 level and gives us retest will go for long.
on bottom side if price breaks 44600 and retest will go for short side...
at triangle breakdown or breakout no entry will be placed...
fake out may be possible after a consolidation.
One more point after a strong consolidation price is going down means we can expect a strong upside momentum.
careful here.
Today price has taken the liquidity on both sides...eliminating both buyers and sellers.
הערה
don't forget the right shoulder and Neckline.הערה
price is still in range. wait for up or down.הערה
wicks showing us bullish pressure....הערה
Don't go long...its manipulating.הערה
wait for break and retest...הערה
just broken.הערה
הערה
If it is a continuous bullish, will enter on long ,if gives retracement.הערה
Strong reds are approching the zone ignore long.הערה
this helps a lot....i think.הערה
if this trendline acts as support and again breaks high Enter long.הערה
If this again rejects i will go for short entry....keep look at this level.הערה
הערה
now price is at my POI for sell.need cinfirmationהערה
this time if it is bearish our entry will be triggered.הערה
I am taking the entry to little upside...on break of this low my short triggered.הערה
Consolidation + price moves upside.... confirmation of sell side...looking for reversal setup....near its trendline
strong bullishness failed to take the price up.
הערה
so waiting for short....הערה
הערה
failed to break below.העסקה בוטלה באופן ידני
Our stoploss won't hit....targets won't hit....will see in next session.
**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.