Index has touched the channel top & close to psychological level of 43000 which is very important from trading perspective.
Any bullish scenario next is strictly if Index trades above 43K or holds above parallel channel else going below 42700 - it will trigger downside
Trigger level 42700
Bias can be negative till the the time Index holds below channel. Thank You
Comment
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2:15 pm / 24th Jan 2023
Last @ 42673
It has triggered below 42700 but bounce upside cannot be denied so careful in selling here or as a trader if index moves again close to 43000 levels & holds below channel then plan to sell later or avoid taking sell.
Thanks
Trade closed manually
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2:36 pm / 24th Jan 2023
Last @ 42697
Avoid Selling below 42700 as suggested 15 mins back.
Hello Sir, can we use a filter to screen for only F&O stocks in screener? If yes, How? Please help.
WaveTalks
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@vatsanuj, You can always ask these questions to support team from right side vertical panel- "question mark icon" Being a premium client, you would get faster response
TathaastuVats
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@AbhishekHSinghCMT, Thanks, found it myself, by screening the watchlist route.
gauravsharma74
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Hi Abhishek, one quick question. how can I compare change in stock or index price vs change in indicator like RSI? it could or should show a ratio
WaveTalks
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@gauravsharma74, Just check on left top corner where you search symbol - to plot the chart in the same box on right hand side there are mathematical signs +,- or even 1 / - you can use them & get the desired result
Akshay77
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Yah sir. I am also assuming negative bias if parallel channel acts as resistance.