rachanak

STAY BULLISH ? WITH THE ONGOING TREND ?

Long
NSE:BANKNIFTY   NIFTY BANK
ADX ON MOMENTUM
+DI ABOVE ADX
-DI BELOW ADX
RSI MODERATE BULLISH LEVEL

STAY ON WITH THE GOING TREND
NO JUMPING OFF FROM RUNNING TRAIN ??

disclaimer - only observation
Trade active: INDEX TOO DIDNT JUMP OFF THE TRAIN
TOOK STOPPAGE (CLOSED) @ THE SUPPORT STATION (TRENDLINE)

WILL THIS TRAIN TAKE A U TURN N GO DOWN TOWARDS KANYA KUMARI OR RUN UP TOWARDS KASHMIR ???
Trade active: day started from the support trend line
Trade active: https://in.tradingview.com/chart/kR1vm2J...

no big moves so far
Comment: SMALL HOURLY CANDLES GROWING COMFUSION
OR MAKING A ROOM FOR A HUGE FUTURE MOVE

BREAKING OF SUPPORT LINE = HUGE FALL
SUPPORTING SUPPORT LINE = NEW HIGH
Trade active: SMALL ROUNDING PATTERN FORMED
NEXT UPMOVE ABOVE ITS NECK LINE = 29880 LEVEL