BANKNIFTY--Consolidation or Bullish??
Updated
If price consolidation happens below 43560 to 43400 levels chance of breakdown happens below 43400 levels...On topside we have a bearish gap left at 44200 levels...keep in long side as long as price is above the 43600 levels....
Note
Exactly opens below the smaller trendline...no sign of bearishness wait for the price to break and retest 43600 levels...Note
otherwise it will breaks to topside...Note
no long side view....Note
If consolidation happens above 43640 zone then only long....Note
Keep book your shorts....price may change its direction...Note
no long side view immediately....
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