BANKNIFTY--@ Trendline Liquidity??

1 lut

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.

2 lut

Uwaga

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

2 lut

Uwaga

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

2 lut

Uwaga

if 46400 acts as resistance then only fall

2 lut

Uwaga

until that no short view

2 lut

Uwaga

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

2 lut

Uwaga

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

2 lut

Uwaga

2 lut

Uwaga

If no continuation head and shoulders be possible.

2 lut

Uwaga

wait for the shoulder to form.

2 lut

Uwaga

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

2 lut

Uwaga

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

2 lut

Uwaga

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

2 lut

Uwaga

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