1. BIG GAPUP, FOLLOWED BY BIG GREEN CANDLE . 2. PRICE SHOWED THE REAL FACE AFTER LOSING MOMENTUM 3. NOW AFTER BREAKING SUPPORT OPENING PRICE , THE PRICE HAS TO FILL THE UNNECESSARY GAP - UP 4. ON CONFIRMTION A SHORT WAS GIVEN 5. FOR THE TARGET FOR PREVIOUS DAY LOW
AFTER A CLEAR GAP UP AND STRONG CANDLE IT CONSOLIDATED AND TOOK FIBO SUPPORT AND AFTER BREKOUT ON EXTENSION STRATGY IT GAVE PHENOMENAL ON CALL OPTION POSITION
STRATEGIES DEPLOYED 1. PIVOT RESISTANCE 2. FIBO CONFIRMATION 4.SUPPLY AND DEMAND 5. CANDLE STICK STRATEGY LOOK FOR RESISTANCE AS TARGET AND FIBO REVERSAL FOR ENTRY POINTS
LAST TRADING SESSION ICICI BANK ALREADY GAVE A PULLBACK ON 0.5 FIBO LEVEL AND STARTED ITS JOURNEY SO IT WAS IN WATCHLIST ALL I NEED IS CONFIRMATION THERE WAS ALREADY A RSS ( GREEN SPOT) ON BO OF THAT TRADE COULD BE EXECUTED AT YELLOW FOR 1% TARGET EASY FOR MORE CONTACT 9940084570
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The orange trendline is impulsive wave which was shared earlier and exact reversal from 2168. The corrective wave then ended at 2267 which is again orange. On shorter timeframe (blue) is the impulse wave and if this is the corrective wave then 2214 low shall be the base for net upmove. If 2240 is breached then 2300++ coming orwise 2196 coming which will also kind...
This is called Market Geometry. Reliance in correction mode. B retraces 50% of A and usually A=C or C is bigger than A by 161.8%. DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment advice provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past...