BANKNIFTY--Consolidation or Rise ??
Updated
Bank nifty index is now at Important level of support...
we have a bullish gap left at 43800 levels...
yesterday price broken the trendline and will gives retest...
If price consolidate at support may breaks the support at 43800-43600 levels...
Keep safe...
we have a bullish gap left at 43800 levels...
yesterday price broken the trendline and will gives retest...
If price consolidate at support may breaks the support at 43800-43600 levels...
Keep safe...
Note
If we want to go long...wait for the break and retracement...Note
Note
Note
price is still in the range..Note
now this is also important resistance...Note
If this bullish move failed to take the price upside...then will go for short side...Note
careful guys....Note
clears the liquidity on top side...Note
Don't go for short side...Note
Enter long in this zone...Note
that will test the resistance and rise again...keep safe...Note
start booking profits...Trade closed: target reached
Exit few....at important resistance...44500-44600Trade closed: target reached
exit guys end of bullishness
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