BANKNIFTY--Trending or Range ??

the Banknifty index is still in range...
Price is continuously rejecting from the level @45100...
today after a strong fall price stopped its bearish momentum...and
price closed in the same range again...

If tomorrow price breaks the 44700 level...will be on buy side up to trendline and 45100.
If price wants to breaks this strong bullish momentum it has to break with either gap down or consolidation to bearish.
Until price breaks this level 44300 level keep on bullish...

On upside we are still pending with the retest of major trendline...

Keep track this trendline...if resist the price to go up will get good point.

will see in the next session what happens...

코멘트:

The end of bearishness ....but don't go long

코멘트:

we don't have confirmation....as this is yesterday's continuation...

코멘트:

wait until price breaks the trendline...before long.

코멘트:

until don't go long....it may again continue its direction...be safe.

코멘트:

Inverse Head and shoulder may comes...will see

코멘트:

don't go for short

코멘트:

Enter long on break of this..

코멘트:

safe ones avoid...It is a risk one.

코멘트:

If any one wants to change thier stoploss change it to below neckline...

코멘트:

Its revolving around entry point....

코멘트:

Its being risky...take care of good ones.

거래청산: 스탑 닿음:

코멘트:

Hitting the retail traders stoploss and moving back....

코멘트:

I am entering long again.

코멘트:

there is a chance that same level again push it down...keep safe.

코멘트:

No more trades for today....as it is very volatile....leave for the day.

코멘트:

price is at important level..