IIT-Trader

BANKNIFTY--@Major Trendline Break ??

IIT-Trader 업데이트됨   
NSE:BANKNIFTY   Nifty Bank Index
Bank nifty index is again taking the support from the trendline
and showing bullish pressure..
now the price is near its previous strong fall area.
If this area pushes the price downwards price is again fall.

If price breaks the trendline we have a strong support in the bottom side @44800...
that will again push the price upside...

So Until price breaks the trendline keep on buy side...
will be on short side...if price breaks and retest the trendline.

Will see in the next session what happens...
코멘트:
Double top is also formed
코멘트:
코멘트:
All these are indicating a reversals in Banknifty.
코멘트:
those who are swing traders can look in this picture....they will understand much.
코멘트:
wait for the breakdown of channel, and retest.
코멘트:
Price is near to major trendline...
코멘트:
Price broken..the trendline...wait before taking any positions.
코멘트:
Major trendline broken strongly....now will wait for retest.

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