IIT-Trader

BANKNIFTY--Bearish gap @45400??

IIT-Trader 업데이트됨   
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.

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.

코멘트:
flag and pole pattern is identifed ...wait for long....
코멘트:
코멘트:
No long until price breaks the trendline and retest...
코멘트:
chance of breakdown as well....
코멘트:
Enter short....with small SL
코멘트:
If SL hits....keep in long...with retracement.
코멘트:
Change your Stoploss to 44735 level.
코멘트:
Again rejection from trendline...
거래청산: 타겟 닿음:
Only Target1 done...
코멘트:
Exit from short side if price breaks 44690 levels...
코멘트:
Don't go long....immediately...
코멘트:
Enter shortside... If price breaks...
코멘트:
Chance of downside....but slowly it will test...so wait for long side...
코멘트:

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