IIT-Trader

BANKNIFTY--Consolidation or Breakdown??

IIT-Trader 업데이트됨   
NSE:BANKNIFTY   Nifty Bank Index
If price consolidates @43400-43800 levels and then price has a chance of manipulation(Rise) before testing the 42800 levels...so take care before long/Short....

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.
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:
Keep in short side as long as price below 43720 and keep your SL as 43840
코멘트:
Keep in short side....43800 is a resistance.... if failed to acts as resistance...then only long...But chance of fake out is also possible...
코멘트:
It is trading in a channel...keep safe...
코멘트:
until break and retest no long side...
코멘트:
Enter long on break...
거래청산: 타겟 닿음:
Exit few....change your SL to 43720
코멘트:
Don't take risk....it may completely reverse....keep safe.....
코멘트:
코멘트:
코멘트:
enter short on break....
코멘트:
it will consolidate some time ...keep safe...
코멘트:
it will be in a consolidation zone...pls avoid don't take risk...
코멘트:
consolidation to topside may also possible...it's intention is short side only...
매매 수동청산:
코멘트:
will see tomorrow what happens...

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