Nifty Bank Index

BANKNIFTY AT 51748

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In the previous post i have given buy signal @51748. But if you took a long entry there you had lost the trade.
How to avoid the trade?
buying opportunity at 51748
but price has resistance from above thats trendline resistance. So unless it break that trendline resistance and coming back to our level. Then we could have long trade.
So before taking the trade always look for the more confluence. Think like how i could get trapped and take a wise decision.Simple is easy and Easy is hard

Penafian

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