TF - Monthly -
Aditya Birla capital had broken out descending trendline at 80 . But, due to supply pressure, it couldn't make a new high again. It ends up making the same high(double top).
AB CAPITAL has made a monthly consolidation range of 139 - 95
As per the monthly chart, AB CAPITAL can take support from 78.05 .
Three reasons to consider this level:...
Hello Everyone
This is an continuation update from yesterday forecast, likely for 1-2 days view for bank nifty .
This structure will be cancelled when invalidation level will brake.
you can use 1hrs time frame 2x ATR as a stoploss.
