Value Buy Setup
Monthly Time Frame
Aug 24- 20 MA support, Fib 50% and Trendline Support
Weekly Time Frame
Lower BB Support-
Daily Time Frame
In trend channel - 1 Year- Consolidated at lower support and Breakout on 20 Aug 2024
Price taken 3 times resistance from 20 MA- Closed above 20 MA on 21st Aug 24
RSI- Bullish Range Shift
Volatility Diversion- BB outside / Inside
Targets- 1st - upper BB in daily TF, 2nd - Trend Channel ,
If Channel Breakout- Next Target is Channel Depth ie around 1700.
Educational Purpose only
Aug 24- 20 MA support, Fib 50% and Trendline Support
Weekly Time Frame
Lower BB Support-
Daily Time Frame
In trend channel - 1 Year- Consolidated at lower support and Breakout on 20 Aug 2024
Price taken 3 times resistance from 20 MA- Closed above 20 MA on 21st Aug 24
RSI- Bullish Range Shift
Volatility Diversion- BB outside / Inside
Targets- 1st - upper BB in daily TF, 2nd - Trend Channel ,
If Channel Breakout- Next Target is Channel Depth ie around 1700.
Educational Purpose only
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