Banknifty Forecast for 2nd Dec'2024
The trend is bearish and may follow one of these scenarios:
1. Likely to grab all buy-side liquidity before continuing bearish.
2. Likely to grab available retail liquidity before continuing bearish.
3. Likely to drop aggressively bearish, then reverse bullish to grab buy-side liquidity.
1. Likely to grab all buy-side liquidity before continuing bearish.
2. Likely to grab available retail liquidity before continuing bearish.
3. Likely to drop aggressively bearish, then reverse bullish to grab buy-side liquidity.
Trade active
my preference mostly would be scenario 2, but i will ensure valid and strong confirmations before entering into any position Trade closed: target reached
market decided scenario 3
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.