BANKNIFTY--Will ATH Breaks ??

Aktualisiert
BANKNIFTY::

A Flag and Pole pattern...is observed
---->>price is clearly broken the channel and showing us bullish momentum.
Snapshot
we will also enter in long, achieved all targets.
Snapshot
if this momentum is continues or any breakdown will happens again.
if breakdown happens at which level this can be possible...
if we see the chart the price is constantly rejected by this level @45000-45200 that's broken.
after finishing the gap on upside,
price will again test the ATH and falls or continues its momentum towards upside.
If price tested ATH, we need a strong support to be expected from this level...@45000-45200 level to go for long.
because multiple times it acts as a resistance, if resistance becomes support we will observe a bullish momentum above ATH.
Snapshot
But ATH is strong so if price failed to acts as support @45200,price falls below, a strong bearish momentum can be happens.
Snapshot
will see what happens Tomorrow.

Thank you guys for your support.
Anmerkung
Price opened above previous ATH...do not initiate any fresh trades.
Snapshot
Anmerkung
all longs may be exited....
Anmerkung
Trading Above ATH is risky....will see what happens.price broken R1 retested if this break above will be on buyside...
Snapshot
Anmerkung
no entry....price reversed...from R1.
Snapshot
Anmerkung
can we enter short...
Snapshot
Anmerkung
will see today pivot points will work After ATH ??
Snapshot
Trade ist aktiv
Snapshot
Anmerkung
Risk involved ...safe traders pls avoid.
Anmerkung
If pivot points work ....I no need to analyse my trades....by spending more time on chart...
Anmerkung
After our entry point...price is exactly reversed...will see what happens...
Snapshot
Anmerkung
can any one identified small blackline..
why price is exactly reversed from that line...
.i.e the previous ATH level....
Anmerkung
Price rejection confirmed from R1... but on bottom side we have ATH...it has to help to push it more down...
Snapshot
Anmerkung
the previous resistance is rejecting the price upwords...
Snapshot
Anmerkung
If ATH again resist to go up more fall happens...careful guys...
Snapshot
Anmerkung
Safe traders can exit here....risky ones up to the Pivot point.
Anmerkung
this is a risky trade....on put side...
after a strong bullish momentum price is giving us pullback or retracement to enter long...wait for long side...
Anmerkung
Price is now at very important zone....
Trade wurde manuell geschlossen
I am exiting few positions...i am waiting for long in this zone...
keeping puts Sl at New ATH.
Snapshot
Anmerkung
two back to back zones....again take the price to upper levels....
Snapshot
Anmerkung
we can enter long with small risk..
Snapshot
Anmerkung
price is coming to our entry point...wait
Anmerkung
liquidity is below our entry keep safe....
it will manipulate and moves....
2 back to back zones....
Anmerkung
price is in tight consolidation.....breakout or breakdown happens.
Trade ist aktiv
long side....
Anmerkung
I am with hedge.....mng put is still on...keep safe...
Trade wurde manuell geschlossen
no momentum....will see tomorrow what happens....
Snapshot
BANKNIFTYbankniftyanalysisbankniftylevelsbankniftypredictionbankniftytradesetupbankniftytradingbankniftytrendbankniftyviewSupply and DemandSupport and ResistanceTrend Analysis

**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--
Auch am:

Verbundene Veröffentlichungen

Haftungsausschluss