i am still wait for the bearish signal market is near strong resistance waiting for some bearish price action ..
may be market make double top...but wait for the confirmation...on daily chat ...may be tomorrow market make small bearish candle on daily chart ...and then we go for short looking in the smaller time frame in 1 hr chart for the sooner get signal... market not close above previous high ...that is a confirmation that bears enter in the market...
watch the area to short from supply zone...and wait for some bearish price action
see may be market continue its previous channel or may be market enter in new channel..i also make supply and demand zone...support and resistance ...so wait for next move...i post my daily view if i get a good trend ... now my view is wait and watch till market not come up with this congestion...
long ...i not trade in bank nifty...but my view is going long intraday in bank nifty...
some noises in video ...just ignore that just concentrate on the video what i try to explain...thanks
wait for some bullish price action then go for long ....
market is near strong resistance wait to break 9100 level then go for long if it sustain above 9100...over next target will be 9285..if market give us bearish signal then over target is 9000 and second is 8933 and third is 8850... As i see market make bearish flag pattern ...so watch the area to sell...
LONG AFTER YOU SEE BULLISH PRICE ACTION...ALL SUPPORTS AND RESISTANCE ARE IMPORTANT YOU NEVER NO MARKET TAKE WHICH SUPPORT AND RESISTANCE ...HIGHER PROBABILITY OF GOING LONG IN THIS BECAUSE IS NEAR TO BOTTOM OF THE CHANNEL AND MARKET COME AGAIN TO RETEST ITS STRONG SUPPORT SO WAIT FOR BULLISH PRICE ACTION...
small down more near 8700 to 8750 and over profit target is describe in the picture..