Today the price has closed on the resistance level with a RSI of above 60. All this indicates the price is in good momentum. The breakout of 492 could open the higher levels of 545. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
After making a new high the price has closed below the trend line. Also the formation of divergence between the price and rsi has formed. The probability of a retest is very high. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Today we have an indecisive candle in the positive zone. The probability of gap up or gap down is very high. But there is no change in the structure. For tomorrow the intraday range is 130 to 136 and 126 to 122. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
The degree and nature of separation in bands are indicating the weakness in price. Also the rsi is declined below 60. For me the price is in the no trade zone. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
The price has given the breakout of the structure. Also RSI is above 60, so the probability of an uptrend is very high. The next Important Level is 3,838 Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
CMP - 186.65 Today the price has managed to close above an important level of 185.20. The price could test the resistance level of 200.65 and if broken then we would see the level of 215.70 Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
The price has given the breakout of the resistance R1-5,313 and of the LTMA band. The price could test the higher level of 6378.45. Also RSI is above 60. Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Currently we are in the downtrend. The price has given the breakdown of the bands. The price could test the lower level of 2,056 CMP:2,127.50 R1:2,200 | R2:2,299 S1:2,056 | S2:1,931.35 Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Trend - Positive Signal - Break of Structure CMP:581 R1:604.65 Demand Zone - 575 to 581 Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Weekly Chart Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Recently we had a divergence pattern. Also the RSI is declined below the level of 60. All these indicate the price could consolidate at these levels or it may correct. Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
The price is showing signs of reversal near its recent swing-low. Also, the degree and nature of separation in both bands indicates a start of compression. CMP - 2,265.55 R1 - 2,280.00 S1 - 2,182.00 Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Keep an eye on the demand zone with levels from 170 to 175. The price could be re-bounced from these levels. Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Today's huge red candle has changed the structure dynamically. The next important level to watch is the demand zone of 95 to 100. But for sure we could see high volatility until the price has not settled down. Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Today we have a gap up opening of more than 4% and the price has closed on the resistance level. Wait for the price to settle down. CMP:137 R1:137 | R2:142.90 S1:123.50 | S2:119 Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
CMP : 129.45 Indicator: Positive Trend Entry Candle : Hammer Entry Zone : 127 - 129.45 Max SL : 125.75 Target1 : 136.95 RR Ratio : 2.03 Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
The price is in a strong down trend. Today's candle has changed the character of price. The next important level to consider is 162.30 and if broken then the price could test the levels of 158. Also the degree and nature of separation in both bands indicates the price is entering in the compression zone. Disclaimer : This is my pre market analysis and my...
Trend Negative Strength Strong CMP - 189.70 Resistance - 198 Support - 185.20 The probability of a next red candle is more than 70% Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.