BANKNIFTY-- Case1 or Case2 ??

The bank nifty index is again showing bearish pressure....
will this fall continue towards downwards,
then which place we can expect a reversal to the upside...

If we see on bottom side @44120-44080 level which is a strong level of Resistance,
if tomorrow price again opens in this range they will again take the price towards downside...
at 43800 levels we have a strong rise is observed previously might push the price upside again...

Until price breaks the trendline no bullish view...
which case is possible ??

Case1::
If previous strong resistance acts as support will be buy side...
Case2::
If the same resistance again pushes the price downwards will be sell side up to 43800.

Will see in the next session what happens...

Kommentera:

Don't go for short...

Kommentera:

If a strong push happens here...consider it as end of short momentum.
wait for long...

Kommentera:

Don't go long...

Kommentera:

Kommentera:

Ignore this short call, stoploss is more now

Kommentera:

If trendline fails to acts as resistance will go for buying....

Kommentera:

risk ones exit

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Trade stängt: målet nått:

Target 1 done.

Kommentera:

Safe ones exit

Kommentera:

A chance of reversal.

Trade stängt manuellt: