BANKNIFTY--Breakdown or Breakout??
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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.
------>>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.
ノート
until this happens no long side view...ノート
Keep in long side as long as price is above 43560 level.ノート
trendline breakout...if failed to move upside will enter short side...ノート
KEEP Safe this is the turning point now....if unable to break high ...fall comes...ノート
if anybody in long exit...might reversal.ノート
Broken the trendline...wait for retest ノート
keep in mind no sign of bearishness...ノート
43900 is tested wait for more confirmation...ノート
price is at major trendline...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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