BANKNIFTY--Which Breaks Demand or ATH ??

2023年7月27日

Today's observations::
Price rapidly falls from the 46300 levels.
Price may again test the ATH, so don't go for short immediately.
based on the opening will again look for buy or short.

Key level to watch is previous ATH, that is the level that can push price up or lower.
On bottom side,
Price is again taken the support from demand zone...until demand breaks no Short again...
fake breakdown may also happen at demand zone careful here...
this is a strong area of value and demand zone.. that can't break easily....
will see what happens in the next session.

2023年7月28日

註釋

price opened near demand, don't go on any side...

2023年7月28日

註釋

price broken the demand...we don't know, it acts as resistance or it acts as support again....pls wait for more confirmation.

2023年7月28日

註釋

wait it will come back to the zone again...don't initiate a short or long.

2023年7月28日

註釋

moving in a channel...wait for breakout or break down and retracement.

2023年7月28日

註釋

2023年7月28日

註釋

don't go short...wait for the right time...

2023年7月28日

註釋

If price cannot able to break upside...if breaks the bottom side...look for sell on retracement.

2023年7月28日

註釋

price is completely in a range bound ...we won't get any entries...
keep safe in this kind of market...

2023年7月28日

註釋

price is below strong demand...so don't long...keep on short side...
bottom demand is weak..it can break easily...so wait for break and retest.

2023年7月28日

註釋

2023年7月28日

註釋

Becareful gyus

2023年7月28日

註釋

I will enter long if price breaks this .Keeping the SL below. Risky , will see.

2023年7月28日

註釋

price still not breaks the bottom demand..if breaks and retest..enters in short.