Nifty Bank IndexDiupdate BANKNIFTY--Trading in a channel??
Bank nifty is trading in a channel
if the bottom channel failed to push the price upside...
fall will happens below 46500 levels...either by consolidation or strong bearish momentum
More liquidity lies below this levels...
keep safe....wait until the price breaks the channel for bearishness...
if the bottom channel failed to push the price upside...
fall will happens below 46500 levels...either by consolidation or strong bearish momentum
More liquidity lies below this levels...
keep safe....wait until the price breaks the channel for bearishness...
Catatan
Important zone of resistance...wait before going long...Catatan
Exactly at the channel bottom...on topside may be its a double top...we have to wait for fully bearish sign.
Catatan
Price broken the Channel...but failed to close below it...if tomorrow price is again comes back to the topside and consolidates...it will continue to move upside....'careful here.
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Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
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