Intraday set up 1 - Hindustan UNi EMAs + S/R + Divergence
30 MINS 100 EMA @ 2680
1hr 50 EMA @ 2680
Resistance level at 2680-2670
SELL IF THE ZONE IS RESPECTED WITH SELLING DIVERGENCE CANDLE.
If 2625 is broken with volume, we will see more downside.
The Indicator Used:
1) Support/Resistance Levels are marked on the charts
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
3) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
1hr 50 EMA @ 2680
Resistance level at 2680-2670
SELL IF THE ZONE IS RESPECTED WITH SELLING DIVERGENCE CANDLE.
If 2625 is broken with volume, we will see more downside.
The Indicator Used:
1) Support/Resistance Levels are marked on the charts
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
3) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
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