BANKNIFTY--Reversal Pattern??

٧ نوفمبر ٢٠٢٣

I am sharing the important levels of Support and Resistance. These levels play 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.
They serve as key reference points for technical analysis.

٧ نوفمبر ٢٠٢٣

ملاحظة

wait until the price breaks the neckline and retest ,then only short side...wait

٨ نوفمبر ٢٠٢٣

ملاحظة

1st resistance at 43850 and next is at 43920-43960.

٨ نوفمبر ٢٠٢٣

ملاحظة

43700-43720 level is key to push upside or to push downside...

٨ نوفمبر ٢٠٢٣

ملاحظة

downside profit booking places at 43620,43520,43400

٨ نوفمبر ٢٠٢٣

ملاحظة

upside break 43800,43850,43920.