IIT-Trader

BANKNIFTY--Trendline Holds or Breaks ??

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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...
Komen:
will see in the next session what happens...
Komen:
It gives us some retracement and falls back
Komen:
or it will continue to rise again..
Komen:
If this gives us retracement and breaks again will go for short side...
Komen:
Keep safe guys....it will eliminate us and again moves down side...Keep Sl
Komen:
this is the manipulation....Everyone eliminated here....buyers and sellers...
Keep safe...
Komen:
Drop base Drop
Komen:
keep book 50% remaining until Sl hits
Komen:
don't go long...until stoploss hits...
Dagangan ditutup: sasaran tercapai:
Target 1 done
Dagangan ditutup: sasaran tercapai:
Komen:
now change your stoploss
Komen:
exit from short side
Komen:
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...

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

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