BANKNIFTY--Breakout or Breakdown??

Price is continuously rejected to the upside from 45900 zone....
but failed to move upside...
if price breaks and retest will go for upside...
if price breaks below,45900 level, we will look for buy side in the demand zone @45600 level..

tomorrow also price mostly in a range...if falls below 45900.
bottom demand pushes the price up...multiple rejection area will pushes the price down..
we have a bullish gap left behind the demand zone...keep an eye on these levels.
until price breaks these we cannot say anything further momentum.

so tomorrow mostly price is in consolidation...between the demand and HH, if falls below 45900

If price breaks the trendline and gives us retest will go for buying...up to the ATH Level.
will see what happens tomorrow...in live market.

코멘트:

Enter on bullish side...only break of trendline retest...fake out is also possible.

코멘트:

exactly opens in Supply zone...don't go for long...immediately...

코멘트:

yesterday zone may again push the price towards gap up area...wait before long...

코멘트:

Short side done...up to Gap up finished.

코멘트:

Now will look for buy side...

코멘트:

If price breaks yesteday's low....on pull back enter again for short.

코멘트:

코멘트:

Still trading in range...no sign of bullishness...

거래청산: 타겟 닿음:

Until previous day low done...
keep in the trade...

코멘트:

those who don't take entry...you can enter here...

코멘트:

Safe one's Exit....risk one's target...

코멘트:

2nd trade target 1 reahed.

코멘트:

change you stoploss to entry point.

거래청산: 타겟 닿음:

2nd trade closed...

코멘트:

keep turning the 1st trade until entry point...

코멘트:

Risky one's keep until the next target

코멘트:

Now we can see some volatality....

코멘트:

Price is again rejected from trendline...again fall happens or Will break the trendline.

코멘트:

I am giving you the 3rd trade...if price again breaks this ....by keeping Sl above the trendline .

거래청산: 타겟 닿음:

3rd trade 1st target reached.

코멘트:

Safe traders exit...safely

거래청산: 타겟 닿음:

2nd target reached.

코멘트:

finally safely landed at demand zone.

코멘트:

keep in the trade for final target.

코멘트:

if price breaks the trendline and gives retest..will go for short again.

코멘트:

price broken the trendline....waiting for retest will see what happens tomorrow.