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My Findings :-
1. Breakdown of Strong Support Zone.
2. Lower High and Lower Low Formation.
3. Close Below Seven Months Low.
4. IT Index also week. Check Chart below.
Bias- Short
Target- 1175 and 1046
SL- 1429
RR- 1: 2
IT Index Chart :-
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
My Findings :-
1. Breakdown of Strong Support Zone.
2. Lower High and Lower Low Formation.
3. Close Below Seven Months Low.
4. IT Index also week. Check Chart below.
Bias- Short
Target- 1175 and 1046
SL- 1429
RR- 1: 2
IT Index Chart :-
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Note
Target 1 of 1175 is done.Note
Trail SL to 1300Trade closed: target reached
target 2 of 1046 achived.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.