BANKNIFTY--Gap Up or Gap Down??
Diupdate
Price is rejected from the trendline again and closed exactly at the trendline...
Price is given us discount @44250 level.
if tomorrow breaks this trendline, it will not test this trendline immediately...
It will reach any one of the resistance and then come back...
If opens downside...we will wait for an up move or downside continuation...
If a gapdown occurs sellers may exit or continue to take it down...we have to wait and see what happens.
If they want to break it...price will open above and continue to move upwards..and then back to the trendline from the above resistances.
will see it in the next session.
Price is given us discount @44250 level.
if tomorrow breaks this trendline, it will not test this trendline immediately...
It will reach any one of the resistance and then come back...
If opens downside...we will wait for an up move or downside continuation...
If a gapdown occurs sellers may exit or continue to take it down...we have to wait and see what happens.
If they want to break it...price will open above and continue to move upwards..and then back to the trendline from the above resistances.
will see it in the next session.
Catatan
Catatan
wait for long opportunity.Catatan
Enter long on break to the upside.Catatan
If stoploss hits...price will reach 44100 levels...soon.Trading ditutup: target tercapai
Exit few...Trading ditutup: target tercapai
Catatan
Don't go for short side...immediately.Catatan
Wait for the price to reversal back...break on trendline and retest...Catatan
It will make head and shoulders then...Catatan
Be careful guys.....Catatan
End of bullishness
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Also share your thoughts in the comments section.
Thanks for your Support **
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