📈 Pre-open MTF #PriceAction Analysis by #KRMG (02 Sep)
👉 Stock 1- #TATAMOTORS
👉 Sector - AUTO
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - As per the Hourly timeframe after good Uptrend it has consolidated then given impulsive upmove in the 2nd Half. It ended the day near the Day's High
After it has given Good opening it continued the Uptrend throughout the day and maintained the original trend.
For Buyers to maintain dominance, it needs to close and sustain above the #CRITICALZONE
🎯 Coming to sectoral pattern - #NiftyAuto is also reversed from its Support level 9700 and may continue the Uptrend till 10250 Level
#KRMGPriceAction
#LearnWithKRMG
👉 Sector - AUTO
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - As per the Hourly timeframe after good Uptrend it has consolidated then given impulsive upmove in the 2nd Half. It ended the day near the Day's High
After it has given Good opening it continued the Uptrend throughout the day and maintained the original trend.
For Buyers to maintain dominance, it needs to close and sustain above the #CRITICALZONE
🎯 Coming to sectoral pattern - #NiftyAuto is also reversed from its Support level 9700 and may continue the Uptrend till 10250 Level
#KRMGPriceAction
#LearnWithKRMG