banknifty buy
As market did't showed any bearish pressure and a slow down movement & market did't trapped any buyers today after opening
So, as there are less sellers the market will grab sellers lquidity to go up
So, theres no lquidity for the market to go down
So 44000 area will act as a major support for buyers and also a trap zone for the buyers wait for price to close below 44000 area and then look for an opertunity to buy.
market will start down tomorrow to take the sellers lquidity and to stop out buyer
then market will continue a buying side rally. ( at least need 1 expairy )
but if sellers dose not come and market reverse itself before touching 44000 then a buyers liquidity take will start a bear rally.( at least need next week )
but as for tomorrow only looking for buy.
So, as there are less sellers the market will grab sellers lquidity to go up
So, theres no lquidity for the market to go down
So 44000 area will act as a major support for buyers and also a trap zone for the buyers wait for price to close below 44000 area and then look for an opertunity to buy.
market will start down tomorrow to take the sellers lquidity and to stop out buyer
then market will continue a buying side rally. ( at least need 1 expairy )
but if sellers dose not come and market reverse itself before touching 44000 then a buyers liquidity take will start a bear rally.( at least need next week )
but as for tomorrow only looking for buy.
Penafian
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