Resistance Level : 1. Good Resistance Zone exists at 35200-35300. 2. Strongest Resistance at 35000 . 3. Strong Resistance at 35500.
Support Level : 1. 34000 is Strongest Support Level . 2. 34500 is a Strong Support. 3. 34700-800 is Good Support Zone .
Sideways Possibility: More Sideways above 35000 to 34700, if market sustains below 35000
This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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Sirji @9.25 dragon fly formation at 35000 the next bar is too big to consider for trade because of big SL,
the same bullish bar broken the level 35000 retested @ 10.05 but no signala to take trade
As of now..please correct me if I'm wrong
At 10.05 i do not see any 35000 level broken .... "the same bullish bar broken the level 35000 retested @ 10.05" ...what does this means ...?
Rather look for Shooting Star at 9.45 after bearish candle which is a confirm trade.
vishug1971
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@kiranrshinde, thanks for correcting sirji, please confirm 11.15 & 11:20 candles(5 miutes time frame) looks to be bullish engulfing pattern at 35000 post which the trade was bullish
the same bullish bar broken the level 35000 retested @ 10.05 but no signala to take trade
As of now..please correct me if I'm wrong