Provided are two candles
(a) 11/23/23 3:07 PM (Pivot Candle)
(b) 11/28/23 10:21 AM
Price should be above both of these candles because in Daily Chart price is above 200 SMA, but in hourly chart, it is below 200 SMA,
Also, in first Idea today I mentioned that options levels for last week were from 900-930. So, don't be in haste.
1. There are two thick lines drawn, with pink line as the support and white line as the resistance over a period of last three years.
2. Then there are 6 channel drawn, 1 to 5 showing 5 Elliot Waves and 6 Showing correction in ABC.
3. In between is my indicators showing only S3 Levels; others being switched off.
4. Now check the last leg of S3 Levels on the right. 922.75 is providing support and here 200 MA is lying. I have not drawn it.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.