GNFC : cmp: 598.45
A rounding top kind of pattern has been formed in D chart.
Closed below previous low.
RSI & MFI trending down.
Trading below all major moving averages.
So sell on rally.
Short near 621-614 if comes.
Profit booking zone may be 571- 506
SL 634 / According to ur risk appetitte.
June future/ Option: June 600PE can be look after.
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally
If you find this helpful and want more trading/Investment Ideas.
Please show your support back,
LIKE & COMMENT
❤️ Your Support is very much appreciated ❤️
A rounding top kind of pattern has been formed in D chart.
Closed below previous low.
RSI & MFI trending down.
Trading below all major moving averages.
So sell on rally.
Short near 621-614 if comes.
Profit booking zone may be 571- 506
SL 634 / According to ur risk appetitte.
June future/ Option: June 600PE can be look after.
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally
If you find this helpful and want more trading/Investment Ideas.
Please show your support back,
LIKE & COMMENT
❤️ Your Support is very much appreciated ❤️
Trade active
1st level reached.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.