BANKNIFTY--Consolidation or Bullish ??
Diupdate
A strong bullishness is observed from the 42700 levels...
In today's session we observed that buyers are strong, they can't allow the sellers to take the price down...
at the end of the session short positions might be closed...
As long as price is above the 42680 level.. keep in long side...
A flag and pole is going to observe in BANKNIFTY indicating an target of 43600 levels, which is previously a strong a demand area...
Keep safe before going to short side...
In today's session we observed that buyers are strong, they can't allow the sellers to take the price down...
at the end of the session short positions might be closed...
As long as price is above the 42680 level.. keep in long side...
A flag and pole is going to observe in BANKNIFTY indicating an target of 43600 levels, which is previously a strong a demand area...
Keep safe before going to short side...
Catatan
Consolidation is observed at 43000-43200 levels...Catatan
Exactly opens at the given level....wait before long or short side...Catatan
wait before enter into long....Catatan
If no continuation break down...enter long...on break and retracement..Catatan
Exit from long if price breaks 42720 levelCatatan
If price breaks 42650-640 zone and retrace then short for target of 42530 and 42500 levels.Catatan
Catatan
Go long if again price reach top and takes the support of 42720 level...target of 42880.Catatan
Broken down wait for retraceCatatan
Keep in short side until it breaks 42680 level upside.Catatan
No continuation move is observed...it is in fully consolidation mode...Catatan
Enter short on breakTrade aktif
Trading ditutup secara manual
No candle is closing above that level...Catatan
Will see tomorrow
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Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
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