IIT-Trader

BANKNIFTY--Trendline Holds or Breaks ??

IIT-Trader Uppdaterad   
NSE:BANKNIFTY   Nifty Bank Index
After a strong fall now price is at trendline...
If this holds price is said to be bullish...
If breaks and retest will go for short...
Kommentera:
will see in the next session what happens...
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It gives us some retracement and falls back
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or it will continue to rise again..
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If this gives us retracement and breaks again will go for short side...
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Keep safe guys....it will eliminate us and again moves down side...Keep Sl
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this is the manipulation....Everyone eliminated here....buyers and sellers...
Keep safe...
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Drop base Drop
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keep book 50% remaining until Sl hits
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don't go long...until stoploss hits...
Trade stängt: målet nått:
Target 1 done
Trade stängt: målet nått:
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now change your stoploss
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exit from short side
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Keep in neutral mode....
price is at important support...
If consolidation at support price breaks the support ....other wise will take long entry...on retracement...

Kommentera:
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wait until it will break either side..
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No bearish view...price at important support...if breaks today will take entry tomorrow...
don't go for short....

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