BANKNIFTY--Consolidation or Breakdown??
アップデート済
If price consolidates @43400-43800 levels and then price has a chance of manipulation(Rise) before testing the 42800 levels...so take care before long/Short....
I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
They serve as key reference points for technical analysis and are vital tools in successful trading strategies.
Trade safe...Thank you guys for your support
I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
They serve as key reference points for technical analysis and are vital tools in successful trading strategies.
Trade safe...Thank you guys for your support
ノート
Keep in short side as long as price below 43720 and keep your SL as 43840ノート
Keep in short side....43800 is a resistance.... if failed to acts as resistance...then only long...But chance of fake out is also possible...ノート
It is trading in a channel...keep safe...ノート
until break and retest no long side...ノート
Enter long on break...トレード終了: 利益確定目標に到達
Exit few....change your SL to 43720ノート
Don't take risk....it may completely reverse....keep safe.....ノート
ノート
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enter short on break....ノート
it will consolidate some time ...keep safe...ノート
it will be in a consolidation zone...pls avoid don't take risk...ノート
consolidation to topside may also possible...it's intention is short side only...手動でトレードを終了しました
ノート
will see tomorrow what happens...
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Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
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