BANKNIFTY--Breakout or Breakdown??

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Price is continuously rejected to the upside from 45900 zone....
but failed to move upside...
if price breaks and retest will go for upside...
if price breaks below,45900 level, we will look for buy side in the demand zone @45600 level..

tomorrow also price mostly in a range...if falls below 45900.
bottom demand pushes the price up...multiple rejection area will pushes the price down..
we have a bullish gap left behind the demand zone...keep an eye on these levels.
until price breaks these we cannot say anything further momentum.

so tomorrow mostly price is in consolidation...between the demand and HH, if falls below 45900

If price breaks the trendline and gives us retest will go for buying...up to the ATH Level.
will see what happens tomorrow...in live market.
Nota
Enter on bullish side...only break of trendline retest...fake out is also possible.

syot kilat
Nota
exactly opens in Supply zone...don't go for long...immediately...
Nota
yesterday zone may again push the price towards gap up area...wait before long...
syot kilat
Nota
Short side done...up to Gap up finished.
syot kilat
Nota
Now will look for buy side...
Nota
If price breaks yesteday's low....on pull back enter again for short.
syot kilat
Nota
syot kilat
Nota
Still trading in range...no sign of bullishness...
Dagangan ditutup: sasaran tercapai
Until previous day low done...
keep in the trade...
syot kilat
Nota
those who don't take entry...you can enter here...
syot kilat
Nota
Safe one's Exit....risk one's target...
syot kilat
Nota
2nd trade target 1 reahed.
Nota
change you stoploss to entry point.
Dagangan ditutup: sasaran tercapai
2nd trade closed...
syot kilat
Nota
keep turning the 1st trade until entry point...
Nota
Risky one's keep until the next target
syot kilat
Nota
Now we can see some volatality....
Nota
Price is again rejected from trendline...again fall happens or Will break the trendline.
syot kilat
Nota
I am giving you the 3rd trade...if price again breaks this ....by keeping Sl above the trendline .
syot kilat
Dagangan ditutup: sasaran tercapai
3rd trade 1st target reached.
syot kilat
Nota
Safe traders exit...safely
syot kilat
Dagangan ditutup: sasaran tercapai
2nd target reached.
syot kilat
Nota
finally safely landed at demand zone.
syot kilat
Nota
keep in the trade for final target.
Nota
if price breaks the trendline and gives retest..will go for short again.
syot kilat
Nota
price broken the trendline....waiting for retest will see what happens tomorrow.
syot kilat
BANKNIFTYbankniftyanalysisbankniftyintradaylevelsbankniftylevelsbankniftypredictionbankniftytradesetupbankniftytrendbankniftyviewSupply and DemandSupport and ResistanceTrend Analysis

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