BANKNIFTY--Breakdown or Breakout??
Aktualisiert
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.
They serve as key reference points for technical analysis.
------>>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.
They serve as key reference points for technical analysis.
Anmerkung
until this happens no long side view...Anmerkung
Keep in long side as long as price is above 43560 level.Anmerkung
trendline breakout...if failed to move upside will enter short side...Anmerkung
KEEP Safe this is the turning point now....if unable to break high ...fall comes...Anmerkung
if anybody in long exit...might reversal.Anmerkung
Broken the trendline...wait for retest Anmerkung
keep in mind no sign of bearishness...Anmerkung
43900 is tested wait for more confirmation...Anmerkung
price is at major trendline...will see tomorrow what happens.
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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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