Strong supply observed at 700-720 levels
Bearish Shark pattern completed at 715 and the price is getting rejected from PRZ
I am looking for a 50% of the CD leg
But, if this is going to be a larger ABC correction (I think it is), then the pullback is deeper towards 500 or lower
At 700 this is a very good LRHR set up
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.
Bearish Shark pattern completed at 715 and the price is getting rejected from PRZ
I am looking for a 50% of the CD leg
But, if this is going to be a larger ABC correction (I think it is), then the pullback is deeper towards 500 or lower
At 700 this is a very good LRHR set up
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.
Trade active
700-715 to 665 so far.. not bad.. looking for 645-635 on this leg down..
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
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.
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
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.