IIT-Trader

BANKNIFTY--Drop base Drop or Bullish??

IIT-Trader تم تحديثه   
NSE:BANKNIFTY   Nifty Bank Index
I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.

Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.

Trade safe...Thank you guys for your support
تعليق:
keep safe before shorting...price enters into the support area...
may breakdown happens...or reversal happens.
تعليق:
no long guys....this might be pullback
تعليق:
when price consolidates on topside...then only long entryy...
تعليق:
If they want to eliminate sellers again....price will comes to top and again be bearish from 46200-46300 levels.
تعليق:
price is now at important zone ...upside or downside...
تعليق:
If price consolidation happens between 45640--45840 then only long
تعليق:
exit from short...if price breaks the trendline
تعليق:
retest to 45700 zone and break....then only long side...
otherwise short side continuation may happens.
تعليق:
price is in the zone....lets wait for a break...above then onlyy long.
تعليق:
if no continuation topside...bearishness again.
تعليق:
waiting for big move
تعليق:
opens above the trendline....wait for retest and continuation...
if no continuation look for short below the support levels.
تعليق:
nearest resistance at 46200 levels.

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