BANKNIFTY--Case1 or Case2 ??

١٨ يناير

BANKNIFTY is now at golden zone of fibonacci.
we have 2 possible cases here,
case1::
It may reverse from golden zone.
(or)
case2:: After strong bearishness today given some retracement, to enter short side continuation.
If price consolidates , price fall continue towards bullish gap on bottom side.
Keep safe here, volatility is more in this scenarios.

١٨ يناير

ملاحظة

Before Budget these bullish and bearish moves are common.
If price consolidates between the zones from 47000-44500 levels, after budget price gives rally to topside...
Be careful until Budget.

١٨ يناير

ملاحظة

١٨ يناير

ملاحظة

the current situation of Bank nifty is in Bullish correction phase.

١٩ يناير

ملاحظة

No short side

١٩ يناير

ملاحظة

wait for long side...break and retrace then enter long

٢٠ يناير

ملاحظة

if there is no break above, bottom side liquidity will be finished...safe before long.

٢٠ يناير

ملاحظة

trendline is pushing up...

٢٣ يناير

ملاحظة

Exactly opens in the zone of resistance.. There might be some push to the top side... Later it may again fall back... Keep safe before long

٢٣ يناير

ملاحظة

Price is exactly in the zone of support.... Keep safe before short from this level

٢٤ يناير

ملاحظة

44150 -44200 is a good support... Keep in long side from here