BANKNIFTY--Trending or Range ??

Zaktualizowano
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...
Uwaga
The end of bearishness ....but don't go long
Uwaga
we don't have confirmation....as this is yesterday's continuation...
Uwaga
wait until price breaks the trendline...before long.
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Uwaga
until don't go long....it may again continue its direction...be safe.
Uwaga
Inverse Head and shoulder may comes...will see
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Uwaga
don't go for short
Uwaga
Enter long on break of this..
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Uwaga
safe ones avoid...It is a risk one.
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Uwaga
If any one wants to change thier stoploss change it to below neckline...
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Uwaga
Its revolving around entry point....
Uwaga
Its being risky...take care of good ones.
Transakcja zakończona: osiągnięto poziom stop
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Uwaga
Hitting the retail traders stoploss and moving back....
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Uwaga
I am entering long again.
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Uwaga
there is a chance that same level again push it down...keep safe.
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Uwaga
No more trades for today....as it is very volatile....leave for the day.
Uwaga
price is at important level..
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