BANKNIFTY--Consolidation or Bullish ??

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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...

注释

Consolidation is observed at 43000-43200 levels...

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Exactly opens at the given level....wait before long or short side...

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wait before enter into long....

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If no continuation break down...enter long...on break and retracement..

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Exit from long if price breaks 42720 level

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If price breaks 42650-640 zone and retrace then short for target of 42530 and 42500 levels.

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Go long if again price reach top and takes the support of 42720 level...target of 42880.

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Broken down wait for retrace

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Keep in short side until it breaks 42680 level upside.

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No continuation move is observed...it is in fully consolidation mode...

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Enter short on break

交易开始

交易手动结束

No candle is closing above that level...

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Will see tomorrow

IIT-Trader

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