yvatsji

AFTER SUCH GAP DOWN IN BNF WHY PRICE TOOK SUPPORT ON EXACT ZONE

NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
HI TRADERS,
Having such a gap down in BNF why did price choose to provide support on my mentioned zone yesterday day evening in the community tab of the channel. This post is all about what can see in my trade idea posted yesterday as follows;-

Trade Idea of BNFfor 10-11-21

1. Until price takes out halt 1 no and takes the support of this then zone 2 is your target but with range bound move,

2. In case the price opens above halt 1 and takes the support of this halt then zone 2 is your target but with range bound move.

3. Once zone 1 is taken out to the down side then sentiments will change to the downside.
'
4. Green arrow shows once halt 1 is taken out then upside will it restrict to zone 2 or more than can be seen while trading,

Yogesh Vats

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