BANKNIFTY--@Major Trendline Break ??
Diupdate
Bank nifty index is again taking the support from the trendline
and showing bullish pressure..
now the price is near its previous strong fall area.
If this area pushes the price downwards price is again fall.
If price breaks the trendline we have a strong support in the bottom side @44800...
that will again push the price upside...
So Until price breaks the trendline keep on buy side...
will be on short side...if price breaks and retest the trendline.
Will see in the next session what happens...
and showing bullish pressure..
now the price is near its previous strong fall area.
If this area pushes the price downwards price is again fall.
If price breaks the trendline we have a strong support in the bottom side @44800...
that will again push the price upside...
So Until price breaks the trendline keep on buy side...
will be on short side...if price breaks and retest the trendline.
Will see in the next session what happens...
Catatan
Double top is also formed Catatan
Catatan
All these are indicating a reversals in Banknifty.Catatan
those who are swing traders can look in this picture....they will understand much.Catatan
wait for the breakdown of channel, and retest.Catatan
Price is near to major trendline...Catatan
Price broken..the trendline...wait before taking any positions.Catatan
Major trendline broken strongly....now will wait for retest.
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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--
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