BANKNIFTY--@ Trendline Liquidity??

Bank nifty index is facing constant rejection from the resistance @ 46300,
and a lot of liquidity lies below the 45000 support levels...
if tomorrow open up or opens flat, then they immediately takes the price to grab the liquidity on bottom side. so take care before going long from this area.

코멘트:

Opens exactly above the resistance zone... Keep in short side from 47000-47200 levels
Liquidity done on topside

코멘트:

46800 Is also a resistance keep safe here....

코멘트:

if 46400 acts as resistance then only fall

코멘트:

until that no short view

코멘트:

46400 acts as support and rally base rally done...
keep safe from here...

코멘트:

47000-47200 is one more strong area to push it down...
book all longs here....
now it near to its Support becomes resistance area.

코멘트:

코멘트:

If no continuation head and shoulders be possible.

코멘트:

wait for the shoulder to form.

코멘트:

Now ready to rise but don't go for long side... Might it take reversal from this place to continue down

코멘트:

Filled the bullish gap ...no Long side view if price comes back to 46600 levels then look for short side continuation.

코멘트:

Consolidation to bearishness leads to gap up tomorrow
Or liquidity grab below 45000 and then upside chance so careful here

코멘트:

Now price is near to its Trendline...take care