BANKNIFTY--Trendline Resistance??
Updated
If price breaks the trendline and gives us retracement will be on buyside...
if failed to acts as support, Will again short below the trendline to bottom levels.
we have next resistance @44800 and 44950 levels...
will see what happens in the next session.
if failed to acts as support, Will again short below the trendline to bottom levels.
we have next resistance @44800 and 44950 levels...
will see what happens in the next session.
Note
Don't go long side....wait for short side.Note
44520-44560 is good for short side...wait until it rejects.Note
If this is a bullish initiation move price will go upside...If it is as exhaustion move it will go down...
Note
No continuation move...Note
Don't go for short side...wait for small stoploss...now SL is too bigif bottom zones gives pullback..will go for short.
Note
Risk ones enters on break but keep strict SlNote
Note
Keep safe....that may hit our stop loss and continue..Note
safe ones exit guys....Note
eliminating on both sides...Note
Finally the wait is overNote
Keep safe guys...to much volatality...Note
Keep safe....on top side we have liquidity...Note
Exit from short side if price breaks 44500.Trade closed: target reached
Target 2 is done.Note
Don't go for long.Note
In the next session it may test this level.
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