The chart analysis based on support, resistance, ema and fib.
- price respecting the 200 ema
- resistance at fib 50% and area of confluence in weekly chart
- enter above supply zone
entry above Rs 54, stop loss below Rs 52.50 or 5%, target Rs 62 or 15%
Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.
- price respecting the 200 ema
- resistance at fib 50% and area of confluence in weekly chart
- enter above supply zone
entry above Rs 54, stop loss below Rs 52.50 or 5%, target Rs 62 or 15%
Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.
Comment:
Comment:
strong buying in last 15 min.
Comment:
Price near support level, wait for confirmation for any long position.
Comment:
keep it on watchlist, huge volume surge i.e., 5 times X Average Daily Volume
Comment:
Bullish Monthly Candle
Trade closed manually:
close the position (if any) as per price action.
Trade active:
resistance breakout !!