BANKNIFTY-- Case1 or Case2 ??
Aktualisiert
The bank nifty index is again showing bearish pressure....
will this fall continue towards downwards,
then which place we can expect a reversal to the upside...
If we see on bottom side @44120-44080 level which is a strong level of Resistance,
if tomorrow price again opens in this range they will again take the price towards downside...
at 43800 levels we have a strong rise is observed previously might push the price upside again...
Until price breaks the trendline no bullish view...
which case is possible ??
Case1::
If previous strong resistance acts as support will be buy side...
Case2::
If the same resistance again pushes the price downwards will be sell side up to 43800.
Will see in the next session what happens...
will this fall continue towards downwards,
then which place we can expect a reversal to the upside...
If we see on bottom side @44120-44080 level which is a strong level of Resistance,
if tomorrow price again opens in this range they will again take the price towards downside...
at 43800 levels we have a strong rise is observed previously might push the price upside again...
Until price breaks the trendline no bullish view...
which case is possible ??
Case1::
If previous strong resistance acts as support will be buy side...
Case2::
If the same resistance again pushes the price downwards will be sell side up to 43800.
Will see in the next session what happens...
Anmerkung
Don't go for short...Anmerkung
If a strong push happens here...consider it as end of short momentum.wait for long...
Anmerkung
Don't go long...Anmerkung
Anmerkung
Ignore this short call, stoploss is more nowAnmerkung
If trendline fails to acts as resistance will go for buying....Anmerkung
risk ones exitAnmerkung
Trade geschlossen: Ziel wurde erreicht
Target 1 done.Anmerkung
Safe ones exitAnmerkung
A chance of reversal.Trade wurde manuell geschlossen
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Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
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