BANKNIFTY--Breakout or Breakdown??
Diupdate
Drop base drop is observed @44720 levels....
Rally base rally is observed from 44400 levels...
tomorrow these are my point of intrest for shorting and buying levels....
If a continuous fall is detected from 44720 levels, then will be on bearish mode until
44400,44300,44120 levels and below...
If we consider the above drop is a weak one...will be bullish above 44720 level break and retest...
to be continued on top side for targets of 44800,44950 and 45100 and above we have a liquidity lies on that area....
Will see what happens in the next session.
Rally base rally is observed from 44400 levels...
tomorrow these are my point of intrest for shorting and buying levels....
If a continuous fall is detected from 44720 levels, then will be on bearish mode until
44400,44300,44120 levels and below...
If we consider the above drop is a weak one...will be bullish above 44720 level break and retest...
to be continued on top side for targets of 44800,44950 and 45100 and above we have a liquidity lies on that area....
Will see what happens in the next session.
Catatan
Enter on short up to the rally base rally zone...Catatan
If price breaks and retest will enter on short side...Catatan
Broken the channel....lets wait for retest...Catatan
An upside move may continue...keep safe....lets wait for break again...Catatan
keep in short sideCatatan
until price breaks 44600Catatan
Exit few may end of bearishnessTrading ditutup: target tercapai
Target 1 is done Catatan
waiting for Rally base rally point.
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Also share your thoughts in the comments section.
Thanks for your Support **
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