MCX - IMP LEVEL
Updated
If you observe , the stock reacted well to this price level in the past.
In the left, you'll see that it immediately reversed
but in the right, it's failing to sustain above it.
Now, in the present,
we have got 2 very strong bearish bars indicating selling pressure.
In May, I expect more downfall.
In the left, you'll see that it immediately reversed
but in the right, it's failing to sustain above it.
Now, in the present,
we have got 2 very strong bearish bars indicating selling pressure.
In May, I expect more downfall.
Note
Breaks the trendline expected .Trade closed: target reached
From 1150 to 930 straight down !!Hope you made profits :)
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