BANKNIFTY--Trending or Range ??

2023年8月10日

the Banknifty index is still in range...
Price is continuously rejecting from the level @45100...
today after a strong fall price stopped its bearish momentum...and
price closed in the same range again...

If tomorrow price breaks the 44700 level...will be on buy side up to trendline and 45100.
If price wants to breaks this strong bullish momentum it has to break with either gap down or consolidation to bearish.
Until price breaks this level 44300 level keep on bullish...

On upside we are still pending with the retest of major trendline...

Keep track this trendline...if resist the price to go up will get good point.

will see in the next session what happens...

2023年8月11日

註釋

The end of bearishness ....but don't go long

2023年8月11日

註釋

we don't have confirmation....as this is yesterday's continuation...

2023年8月11日

註釋

wait until price breaks the trendline...before long.

2023年8月11日

註釋

until don't go long....it may again continue its direction...be safe.

2023年8月11日

註釋

Inverse Head and shoulder may comes...will see

2023年8月11日

註釋

don't go for short

2023年8月11日

註釋

Enter long on break of this..

2023年8月11日

註釋

safe ones avoid...It is a risk one.

2023年8月11日

註釋

If any one wants to change thier stoploss change it to below neckline...

2023年8月11日

註釋

Its revolving around entry point....

2023年8月11日

註釋

Its being risky...take care of good ones.

2023年8月11日

交易結束：達到停損點

2023年8月11日

註釋

Hitting the retail traders stoploss and moving back....

2023年8月11日

註釋

I am entering long again.

2023年8月11日

註釋

there is a chance that same level again push it down...keep safe.

2023年8月11日

註釋

No more trades for today....as it is very volatile....leave for the day.

2023年8月11日

註釋

price is at important level..