BANKNIFTY--13-08-23
Aggiornato
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.
Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.
Trade safe...Thank you guys for your support.
------>>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.
Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.
Trade safe...Thank you guys for your support.
Nota
Liquidity lies on above red zone...All pending orders are above this zone...
so it may eliminates them and again a chance of moving down...
So careful here, 45600 is a strong zone to push the price both sides...
If price unable to go higher,45800 levels, and again falls below the 45600 levels, more chances of filling the bullish gap and fall more.
Nota
Nota
Enter long on break above ,targets of 45600 levels.Nota
If stoploss hits, will do reverse trading on short side....Nota
Safe ones avoid. will see later after 45600 done.Nota
now change your stoploss to 45375 and keep in trade...Nota
If any wants to exit...exit..again some consolidation.Trade chiuso: obiettivo raggiunto
exit few guys....rest trail them....Nota
Keep in long...it may breaks the 45600 levels and chance of moving up.change your stoploss to entry or 45375.
Trade chiuso: obiettivo raggiunto
Keep in long...Nota
Keep for the final target of 43700 levels...or entry point...Nota
or exit from 45520 levels....Nota
exit from long side....45520 levels below.Nota
Keep for final target Nota
Exit from long side...once it touches...or breaks.target2Nota
Trade chiuso: obiettivo raggiunto
final target done.Nota
If you want to go for short wait for the price reverse and retracement, then will enter on short side.Nota
Exit from long....
**If these ideas are Helpful !
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Also share your thoughts in the comments section.
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--Educational Purpose Only--
--Not SEBI Registered--
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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