Banks clearly took a beating But, ICICI
Updated from previous idea:
Wait for breakdown of support at 520 zone on 15min candle for rejection at 525.
Short term trendline support also to watch out for.
Although i personally believe it is going to come at it's long term trendline at green, the proper trade would be to wait for breakdown instead of adding shorts at higher zones since it's soaring at ATH.
Wait for breakdown of support at 520 zone on 15min candle for rejection at 525.
Short term trendline support also to watch out for.
Although i personally believe it is going to come at it's long term trendline at green, the proper trade would be to wait for breakdown instead of adding shorts at higher zones since it's soaring at ATH.
Note
Short at Supply Zone 530Stop Loss ATH 1.5% ~ 538
Target First Trend line Support -520
Breakdown 500,
Maybe more
Trade active
Note
Still respecting TrendlineOrder cancelled
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.
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.