BANKNIFTY-- 45100 Is Support or Resistance??

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....

Comment:

Enter long on break...

Trade active

Comment:

45100 is a key zone...

Comment:

44960 level previously it is a demand zone....if again pushes the price up will see good upside momentum...

Comment:

Trade closed: target reached:

Target 1 done.

Comment:

change your stop loss to entry point

Comment:

guys keep safe...an elimination move may occurs....

Comment:

Don't go for short side....

Comment:

keep on long view...

Comment:

Wait for the price to break 44800 and retracement to enter long.

Comment:

Until don't initiate longs...
later will see what happens.

Comment:

Will initiate a long position, if price breaks trendline and retest...

Comment:

Inverse Head and shoulders.....

Comment:

Enter long on break...

Trade closed: target reached:

Trade closed: target reached:

T2 DONE

Trade closed: target reached:

T3 DONE

Comment:

don't go for short side....wait for the update....

Comment:

Price enters in to consolidation phase...

Comment:

Keep in bullish view....

Comment:

Exit 80% of your trades...