Please refer to my earlier post on Jio Financial where I suggested to buy only above 249.5. Link Provided.
Now, the things are more clearer. Levels are likely to be formed today and how will it be done, has been explained in the chart with the help of two butterflies, one with white outline wings and the other with purple.
Please wait for levels to be formed today and tomorrow you may have a go. Read every thing on the chart clear-fully. Markets do surprise. We may be experts or have very good knowledge in analyzing the things but execution if very important, there we donot have to lead be a followers of the smart money.
1. White trend line with two blue diamonds
at the bottom and a green candle of last day close.
2. Now, since there are three touches formed in this trend line,
it seems that this has crystalized.
3. Future levels are also marked with the help of these two butterflies.
4. But, wait for the levels to come. Today's first 3 1 H lines are important.
5. Tomorrow i.2. on 22nd September 2023,
again let it take support on this line only and then go.
6. Conclusion, today levels will be formed and tomorrow it will have a go.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making a decision.
