Nifty Bank Index
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BANKNIFTY--Inverse Head & Shoulders??

1 265
Banknifty Index created a inverse Head and Shoulders pattern...
price broken the neckline strongly...and retested.
on topside clearly resistance is at 46200 and 46500-46550 levels...
keep in long side until price is above the neckline...
no short side until price breaks the below ...after breaks below the neckline will think of short side for liquidity grab below support levels.
If price gives an elimination move below 45500 levels...
look for long side...up to the resistance levels.
노트
it is approching the level...wait price may completely bearish as well.
노트
as long as price is above its bullish only.
노트
its time to think
스냅샷
노트
It's time to think elimination or reversal
노트
Break and continuation or break and fall back
elimination and move upside...
keylevel is neckline
스냅샷
노트
Breakout or breakdown
스냅샷
노트
exit from long if price breaks 45970 levels.
거래청산: 타겟 닿음
Its now at one more important zone of resistance...
스냅샷
노트
until Neckline breaks no short side view
노트
now price is at important zone of resistance....its time for reversal

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