Market Crash:- Is it an opportunity? Hi Everyone!
In this analysis we'll look at some chart after we met Crash.
Whenever market crash it's an opportunity for us to buy a good share at discounted price. Just Switch to the higher time frame ( Monthly, Weekly ) and find out the major Support/Resistant. It'll try to test major Support/Resistant, Trendline , Channel.
ASHOKLEY :- The chart is self explanatory.
HDFCAMC :- Find support at IPO's high in 2020 Corona crash.
SBIN :- Major support @150
AXISBANK :- Create support at previous resistance.
JSWSTEEL :- Create support at previous major resistance.
VEDL :- No need to explain.
Q- Can we enter as soon as price touch the Support/Trendline/Channel?
Ans- No, Wait for Price Action or W pattern in Short time frame { D }
Disclaimer:- This is Not investment advice. It's just for learning purpose. Invest your capital at your own risk.
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