IIT-Trader

BANKNIFTY--Breakout or Breakdown??

IIT-Trader Aggiornato   
NSE:BANKNIFTY   Nifty Bank Index
Drop base drop is observed @44720 levels....
Rally base rally is observed from 44400 levels...
tomorrow these are my point of intrest for shorting and buying levels....
If a continuous fall is detected from 44720 levels, then will be on bearish mode until
44400,44300,44120 levels and below...
If we consider the above drop is a weak one...will be bullish above 44720 level break and retest...
to be continued on top side for targets of 44800,44950 and 45100 and above we have a liquidity lies on that area....

Will see what happens in the next session.
Commento:
Enter on short up to the rally base rally zone...
Commento:
If price breaks and retest will enter on short side...
Commento:
Broken the channel....lets wait for retest...
Commento:
An upside move may continue...keep safe....lets wait for break again...
Commento:
keep in short side
Commento:
until price breaks 44600
Commento:
Exit few may end of bearishness
Trade chiuso: obiettivo raggiunto:
Target 1 is done
Commento:
waiting for Rally base rally point.

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