BANKNIFTY--Retest and Rise ??

Observations::
price a strong fall is witnessed today as well...
noticed that fall happens after a consolidation...
if consolidation + Downside =Up...may be possible...
we are still left with the bullish gap left below @previous resistance..
if this previous resistance will acts as support or not,
we have a trendline confirmation as well to go long...
wait until price breaks the trendline and retest to enter long.
If a continuous fall happens...enter break of the previous resistance and retest of strong resistance.

تعليق:

consolidation to downside is observed...

تعليق:

price is exactly opens below...resistance zone...wait before enters in long position...

تعليق:

if price fills the bearish gap look for sell here...

تعليق:

price is at the trendline and resistance...

تم فتح الصفقة:

small target

تعليق:

If stop loss hits...will do reverse trading...up to the bullish gap finished...

تعليق:

this is a strong zone....if breaks...up side movement...not able to move up, downside movement...

أغلقت الصفقة: تم الوصول للهدف:

keep in trade...exit few at entry.

تعليق:

now price is at our poi for sell...long entry done...

تعليق:

If price consolidates and comes down...
bottom side demand zone fails to take the price up..i will wait for the price to break...then will go for short entry...until keep on buy side.

تعليق:

تعليق:

price broken our demand...if the trendline acts as support..price will rise fastly....

تعليق:

On bottom side..we have trendline support.... pls wait before short.

تعليق:

At trendline....if fails and retest will go for short entry.

تعليق:

i am ready for sell side....

تم فتح الصفقة:

تعليق:

exit few at bullish gap...remaining below bullish gap or entry point.

أغلقت الصفقة: تم الوصول للهدف:

target 1 is done

أغلقت الصفقة: تم الوصول للهدف:

target 2 is reached.