Nifty Bank Index
Diupdate

BANKNIFTY--SSL & BSL ??

950
Now exactly price is neckline...but the sell side liquidity is above the 43800 levels..
after clearing the SSL then price is looking for the BSL, then we have a chance of running back to below 43200 levels...
we have a chance of right shoulder here at 43500 levels...if price failed to push the price up from Right shoulder, we have a fall back to below 43200 levels, with a consolidation below 43450-43200 levels....So keep in wait mode until price clears the liquidity above 43800-43850 and falls back to right shoulder....
Will go for short side when right shoulder fails to formation....
Thank you guys for your support....
Catatan
exactly open at resistance....wait before long...
cuplikan
Catatan
if no continuation move then will enter in shortside...
Catatan
If unable to break below...then will wait until price breaks the trendline and then retrace then only short...
cuplikan
Catatan
unable to break upside...
Catatan
Exit from long positions....

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