BANKNIFTY--Breakout or Breakdown??

Price is continuously rejected to the upside from 45900 zone....
but failed to move upside...
if price breaks and retest will go for upside...
if price breaks below,45900 level, we will look for buy side in the demand zone @45600 level..

tomorrow also price mostly in a range...if falls below 45900.
bottom demand pushes the price up...multiple rejection area will pushes the price down..
we have a bullish gap left behind the demand zone...keep an eye on these levels.
until price breaks these we cannot say anything further momentum.

so tomorrow mostly price is in consolidation...between the demand and HH, if falls below 45900

If price breaks the trendline and gives us retest will go for buying...up to the ATH Level.
will see what happens tomorrow...in live market.

تعليق:

Enter on bullish side...only break of trendline retest...fake out is also possible.

تعليق:

exactly opens in Supply zone...don't go for long...immediately...

تعليق:

yesterday zone may again push the price towards gap up area...wait before long...

تعليق:

Short side done...up to Gap up finished.

تعليق:

Now will look for buy side...

تعليق:

If price breaks yesteday's low....on pull back enter again for short.

تعليق:

تعليق:

Still trading in range...no sign of bullishness...

أغلقت الصفقة: تم الوصول للهدف:

Until previous day low done...
keep in the trade...

تعليق:

those who don't take entry...you can enter here...

تعليق:

Safe one's Exit....risk one's target...

تعليق:

2nd trade target 1 reahed.

تعليق:

change you stoploss to entry point.

أغلقت الصفقة: تم الوصول للهدف:

2nd trade closed...

تعليق:

keep turning the 1st trade until entry point...

تعليق:

Risky one's keep until the next target

تعليق:

Now we can see some volatality....

تعليق:

Price is again rejected from trendline...again fall happens or Will break the trendline.

تعليق:

I am giving you the 3rd trade...if price again breaks this ....by keeping Sl above the trendline .

أغلقت الصفقة: تم الوصول للهدف:

3rd trade 1st target reached.

تعليق:

Safe traders exit...safely

أغلقت الصفقة: تم الوصول للهدف:

2nd target reached.

تعليق:

finally safely landed at demand zone.

تعليق:

keep in the trade for final target.

تعليق:

if price breaks the trendline and gives retest..will go for short again.

تعليق:

price broken the trendline....waiting for retest will see what happens tomorrow.