IIT-Trader

BANKNIFTY--@Trendline Break??

Long
IIT-Trader Aggiornato   
NSE:BANKNIFTY   Nifty Bank Index
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
Commento:
After a strong consolidation price opens upside...this might be a manipulation...
Take care before long or short...
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If again consolidation keep in buy side
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Looking for buy @43100 levels....
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If no fall enter long on break
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Exit from short if you are
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Don't go long immediately wait
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Previously 42925 is a support if acts as resistance again fall back...on bottom support at 42820 and 42840 has to break and retest for short

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