Nifty Bank Index
Actualizado

BANKNIFTY-- 45100 Is Support or Resistance??

2 787
A strong fall is observed from the previous strong resistance level @45100 level.
Previously while breaking the strong level of resistance, price broken the resistance with
strong bullish momentum @44400 levels...
price is now again at these levels...
if tomorrow price takes the help of this support zone, price will again takes u turn to upside...

While going on top side, observe the reaction at 45100-45200 levels, may again have a chance of push it down.so be careful at this level …
if price breaks this level, we can keep on buyside, we are left with bearish gaps....price fills these bearish gaps and continue to move upside with pullbacks...
so careful before short side...

If price facing resistance again at 45100, price falls back. If not price is bullish again.
Keep safe....
Nota
Enter long on break...
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Operación activa
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45100 is a key zone...
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Nota
44960 level previously it is a demand zone....if again pushes the price up will see good upside momentum...
Nota
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Operación cerrada: objetivo alcanzado
Target 1 done.
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Nota
change your stop loss to entry point
Nota
guys keep safe...an elimination move may occurs....
Nota
Don't go for short side....
Nota
keep on long view...
Nota
Wait for the price to break 44800 and retracement to enter long.
Nota
Until don't initiate longs...
later will see what happens.
Nota
Will initiate a long position, if price breaks trendline and retest...
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Inverse Head and shoulders.....
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Nota
Enter long on break...
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Operación cerrada: objetivo alcanzado
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Operación cerrada: objetivo alcanzado
T2 DONE
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Operación cerrada: objetivo alcanzado
T3 DONE
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Nota
don't go for short side....wait for the update....
Nota
Price enters in to consolidation phase...
Nota
Keep in bullish view....
Nota
Exit 80% of your trades...

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