📈 Pre-open MTF #PriceAction Analysis by #KRMG (06 Sep)
👉 Stock 2 - #RELIANCE
👉 Sector - ENERGY
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has shown good strength in Upward direction from 2300 Level as per Hourly timeframe and now trading above its important Resistance 2370 Level
It has continued good Higher Low pattern as per 15- Min timeframe and also yesterday after retracement till 2305 Level it continued Upmove and then shown the strong strength in Upward direction
Now it has space till 2500 Level where currently it is trading to its ALL TIME HIGH Level and buy Trade can be taken only if breaks CZ with good volume
🎯 Coming to sectoral pattern - #NiftyENERGY is currently having strength in Upside, now it is trading near to its to ALL TIME HIGH Level 21080
#KRMGPriceAction
#LearnWithKRMG
👉 Sector - ENERGY
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has shown good strength in Upward direction from 2300 Level as per Hourly timeframe and now trading above its important Resistance 2370 Level
It has continued good Higher Low pattern as per 15- Min timeframe and also yesterday after retracement till 2305 Level it continued Upmove and then shown the strong strength in Upward direction
Now it has space till 2500 Level where currently it is trading to its ALL TIME HIGH Level and buy Trade can be taken only if breaks CZ with good volume
🎯 Coming to sectoral pattern - #NiftyENERGY is currently having strength in Upside, now it is trading near to its to ALL TIME HIGH Level 21080
#KRMGPriceAction
#LearnWithKRMG