IIT-Trader

BANKNIFTY--Trendline Holds or Breaks ??

IIT-Trader Aggiornato   
NSE:BANKNIFTY   Nifty Bank Index
After a strong fall now price is at trendline...
If this holds price is said to be bullish...
If breaks and retest will go for short...
Commento:
will see in the next session what happens...
Commento:
It gives us some retracement and falls back
Commento:
or it will continue to rise again..
Commento:
If this gives us retracement and breaks again will go for short side...
Commento:
Keep safe guys....it will eliminate us and again moves down side...Keep Sl
Commento:
this is the manipulation....Everyone eliminated here....buyers and sellers...
Keep safe...
Commento:
Drop base Drop
Commento:
keep book 50% remaining until Sl hits
Commento:
don't go long...until stoploss hits...
Trade chiuso: obiettivo raggiunto:
Target 1 done
Trade chiuso: obiettivo raggiunto:
Commento:
now change your stoploss
Commento:
exit from short side
Commento:
Keep in neutral mode....
price is at important support...
If consolidation at support price breaks the support ....other wise will take long entry...on retracement...

Commento:
Commento:
wait until it will break either side..
Commento:
No bearish view...price at important support...if breaks today will take entry tomorrow...
don't go for short....

**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.