Stock is in an uptrend since it made a low of 73.20.
Recently broke resistance at 182.50 and continuing in wave 5.
Although, on higher timeframes it is giving negative divergence on momentum indicators, still a small quantity can be initiated with strict SL.
Also, the basis of Gann Octaves is an Out of orbit case with a minimum target of 184.50.
The analysis is...
Hello friends
FINNIFTY mathematical levels are marked on chart.
We have to wait for 5 min candle to close Any level then we can take entry on High or Low of that 5 min candle.
SL alse vice versa of breaking candle with some buffer.
All the best
For educational purpose only
Aluminum is taking weekly support with RSI reversal. As per technical analysis and expectation in world economy recovery strong demand can come from CHINA . Nearest Gann level is 196-192.52.
Stop loss can be kept at 195.7-195 in MCX and weekly basis AL can touch 205 -215 in one month.
I am not recommending any trade idea through this levels i try to make available...
