Trade safe as today is Expiry Day ... More Premium will Decay
Resistance Level : 1. Good Resistance Zone exists at 34700-34800. 2. Strongest Resistance at 35000 . 3. Strong Resistance at 34800. 4. Strong Resistance Zone exists at 35100-35300.
Support Level : 1. 34000 is Strongest Support Level . 2. 34500 is a Strong Support. 3. 34200-300 is Good Support Zone .
Sideways Possibility: More Sideways above 34300 to 34500, if market sustains above 34200
This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, it motivates me to do analysis and do share with your friends as well.
Risky ,@ 9.45 am Barish engulfing candle formed on 34800 , 34773.should have been the entry.for the barish move SL 34810 exit 34720
Was my setup as of now just my view
@kiranrshinde, spelling mistakes, well at 11:45 one more perfect inverted hammer candle at 34800 with 5 minutes time frame followed by a bearish candle... Let us see not giving chances risky..
34697 Entry
35715 SL
35650 target
Oops reversed stop-loss hit.. no trade taken just analysing
Was my setup as of now just my view