Price inside the falling channel, XYZ correction the min 100% is completed and any further downside can slide towards 36,181 / 35,464 / 34,654
What did I see?
1. Long above 37,465 and add more above 37,900, SL 37,050
2. Sell below 36,613 and add more below 38,181, SL 37,050
Any breach of 36,613 will result in panic selling
Decision Zone:- 37,000 above +ve and below -ve.
E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will be short else you won't.
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
this line has changed lot things in my trading mindset , thank you so much sir "Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient"
subhagghosh
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Just check, how beautifully the levels were played today
subhagghosh
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#banknifty Laxman Rekha 35,950.
Hanuman Ji seating at 36,650
(Closing above, out of woods for a time being)
Upside :- 36,250/36,350/36,550
Downside:- 35,710 / 35,500 / 35,350
subhagghosh
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SG: Laxman Rekha....nicha Lanka 🇱🇰 ...bearish
Upper Aayodha 🇮🇳 ...bullish
Hanuman Ji, seating at 36,650 and burning Lanka 🇱🇰....
Out of bear grip, above 36,650
sks132966y
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thanks for such an amazing analysis
bkeswaran15
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Sell below 36,613 and add more below 38,181, SL 37,050 Sir 38181 please correct number please