BANKNIFTY--Expiry is Bullish or Bearish

Zaktualizowano
Observations::
we have previous resistance at 45300-45350 zone...which is strong.
yesterday price tested the demand acts as supply zone and falls below...
if this zone 45300-45350 acts as resistance price falls again..
if we want to short wait until price breaks 45000 level,
and retest or pullback to previous demand zones...
then enter for short for target of 44800,bullish gap.
No long is suggested...will have strong resistances...
Uwaga
price opens gap down....lets wait for the price to break below 45000 and sell on retrace for the target of bullish gap. until don't go for short.. ass it is in uptrend in higher time frames...at any time may reverse.
Uwaga
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Uwaga
price is now enters into consolidation between 45160 to 45000 level...wait for breakdown and retest.
Uwaga
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Uwaga
it is still in the range
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Uwaga
price is now at supply zone....don't go long.
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Uwaga
price is at our POI level...for sell side.. will wait for confirmation.
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Uwaga
waiting for confirmation...
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Uwaga
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Uwaga
this zone has to fail for short entry...
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Zlecenie aktywne
long entry
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Uwaga
keep target 1 @ 45360 and SL at 45175
Uwaga
If price creates a supply will do reverse trading....lets hope for the best.
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Uwaga
more confluence...broken the channel and retested.
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Transakcja zamknięta: osiągnięto wyznaczony cel
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Uwaga
waiting for target 2
Uwaga
changing my stoploss to entry point.
Uwaga
If my trailing stop loss hit....will go for short side on trendline break and retest.
snapshot
BANKNIFTYbankniftyanalysisbankniftylevelsbankniftypredictionbankniftytradesetupbankniftytradingbankniftytrendbankniftyviewSupply and DemandSupport and ResistanceTrend Analysis

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