BANKNIFTY--Trending or Range ??
Diupdate
the Banknifty index is still in range...
Price is continuously rejecting from the level @45100...
today after a strong fall price stopped its bearish momentum...and
price closed in the same range again...
If tomorrow price breaks the 44700 level...will be on buy side up to trendline and 45100.
If price wants to breaks this strong bullish momentum it has to break with either gap down or consolidation to bearish.
Until price breaks this level 44300 level keep on bullish...
On upside we are still pending with the retest of major trendline...
Keep track this trendline...if resist the price to go up will get good point.
will see in the next session what happens...
Price is continuously rejecting from the level @45100...
today after a strong fall price stopped its bearish momentum...and
price closed in the same range again...
If tomorrow price breaks the 44700 level...will be on buy side up to trendline and 45100.
If price wants to breaks this strong bullish momentum it has to break with either gap down or consolidation to bearish.
Until price breaks this level 44300 level keep on bullish...
On upside we are still pending with the retest of major trendline...
Keep track this trendline...if resist the price to go up will get good point.
will see in the next session what happens...
Catatan
The end of bearishness ....but don't go longCatatan
we don't have confirmation....as this is yesterday's continuation...Catatan
wait until price breaks the trendline...before long.Catatan
until don't go long....it may again continue its direction...be safe.Catatan
Inverse Head and shoulder may comes...will seeCatatan
don't go for shortCatatan
Enter long on break of this..Catatan
safe ones avoid...It is a risk one.Catatan
If any one wants to change thier stoploss change it to below neckline...Catatan
Its revolving around entry point....Catatan
Its being risky...take care of good ones.Trading ditutup: stop tercapai
Catatan
Hitting the retail traders stoploss and moving back....Catatan
I am entering long again.Catatan
there is a chance that same level again push it down...keep safe.Catatan
No more trades for today....as it is very volatile....leave for the day.Catatan
price is at important level.. 
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Also share your thoughts in the comments section.
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