Bank Nifty - Bullish for further 49000 levels???

٤ أبريل

BNF looks bullish now but if we see the daily candlestick - it creates confusion in the mind.

Simple analysis:
Gap Down Open - Confusion/Reversal
Gap up Open - Must be above top blue line

Bullish - Prices must hold above top blue line!

NTZ = NOTRADING ZONE (Avoid fresh entry)

٥ أبريل

ملاحظة

Almost flat opening. Chances of reversal/ failure is there!

١١ أبريل

ملاحظة

first target achieved

١٥ أبريل

ملاحظة

BNF opening today in the NTZ! This analysis could achieve 1st target only towards upward move! Mindset changed now! Neutral till prices keave the NTZ.

١٥ أبريل

ملاحظة

Sell on rises activates!
The Rises
1st 48200-280

2nd 48350 to 48475

١٥ أبريل

ملاحظة

The 1st rise worked very well today!

١٨ أبريل

أغلقت الصفقة: تم الوصول للهدف

both upward and downward targets achieved!