Nifty Bank IndexShort
BANKNIFTY--Expiry is Bullish or Bearish
Aggiornato
Observations::
we have previous resistance at 45300-45350 zone...which is strong.
yesterday price tested the demand acts as supply zone and falls below...
if this zone 45300-45350 acts as resistance price falls again..
if we want to short wait until price breaks 45000 level,
and retest or pullback to previous demand zones...
then enter for short for target of 44800,bullish gap.
No long is suggested...will have strong resistances...
we have previous resistance at 45300-45350 zone...which is strong.
yesterday price tested the demand acts as supply zone and falls below...
if this zone 45300-45350 acts as resistance price falls again..
if we want to short wait until price breaks 45000 level,
and retest or pullback to previous demand zones...
then enter for short for target of 44800,bullish gap.
No long is suggested...will have strong resistances...
Nota
price opens gap down....lets wait for the price to break below 45000 and sell on retrace for the target of bullish gap. until don't go for short.. ass it is in uptrend in higher time frames...at any time may reverse.Nota
Nota
price is now enters into consolidation between 45160 to 45000 level...wait for breakdown and retest.Nota
Nota
it is still in the rangeNota
price is now at supply zone....don't go long.Nota
price is at our POI level...for sell side.. will wait for confirmation.Nota
waiting for confirmation...Nota
Nota
this zone has to fail for short entry...Trade attivo
long entryNota
keep target 1 @ 45360 and SL at 45175Nota
If price creates a supply will do reverse trading....lets hope for the best.Nota
more confluence...broken the channel and retested.Trade chiuso: obiettivo raggiunto
Nota
waiting for target 2Nota
changing my stoploss to entry point.Nota
If my trailing stop loss hit....will go for short side on trendline break and retest.
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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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