BANKNIFTY--Continuation or Exhaustion??
The index is showing strong bullishness after the previous day strong fall,
If this move is a bullish exhaustion tomorrow it is bearish.
If this is an initiation move tomorrow it is bullish again.
After a strong rally to the upside...price given us discount today...
If this move continue further price will again facing some resistance at ATH.
Previousl strong fall is observed from the ATH...Keep consider it as a resistance.
On bottom side still we are left the bullish gap.. consider it as a support for tomorrow.
Keep safe before enter long or short...
If this move is a bullish exhaustion tomorrow it is bearish.
If this is an initiation move tomorrow it is bullish again.
After a strong rally to the upside...price given us discount today...
If this move continue further price will again facing some resistance at ATH.
Previousl strong fall is observed from the ATH...Keep consider it as a resistance.
On bottom side still we are left the bullish gap.. consider it as a support for tomorrow.
Keep safe before enter long or short...
Comentarios:
chance of drop base drop ...ignore long.
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Comentarios:
safer ones exit guys...
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this is the place they can take it upside...keep safe..
Comentarios:
exit from short side if price breaks 45960
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Also share your thoughts in the comments section.
Thanks for your Support **
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