IIT-Trader

BANKNIFTY--SSL & BSL ??

IIT-Trader Diupdate   
NSE:BANKNIFTY   Nifty Bank Index
Now exactly price is neckline...but the sell side liquidity is above the 43800 levels..
after clearing the SSL then price is looking for the BSL, then we have a chance of running back to below 43200 levels...
we have a chance of right shoulder here at 43500 levels...if price failed to push the price up from Right shoulder, we have a fall back to below 43200 levels, with a consolidation below 43450-43200 levels....So keep in wait mode until price clears the liquidity above 43800-43850 and falls back to right shoulder....
Will go for short side when right shoulder fails to formation....
Thank you guys for your support....
Komentar:
exactly open at resistance....wait before long...
Komentar:
if no continuation move then will enter in shortside...
Komentar:
If unable to break below...then will wait until price breaks the trendline and then retrace then only short...
Komentar:
unable to break upside...
Komentar:
Exit from long positions....

**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--
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.