Bearish View Recommended to take only trade if levels break else Only watch it
Important Resistance @ 17560. Levels for UP Gap 1 Pending : 17664 Target 2: 17745 Target 3: 17817 Levels for down Initial Target: 17442 Gap 2 Pending : 17343 Gap 3 Pending: 17235
Bearish Engulfing on Day candle that means this stock is weak. If in coming days we 1440 or 1420 breached then we can short until our target met. Initial target : 1401 Exit Trade : 1364
2 Gaps were pending which is @598 & @593. Buy Activate when 589 breached & Sustain. Initial Target 593 & main target 598.
We see perfectly an indecision candle on daily time frame In 15 min candle we can clearly see double top formation at "1524.60" We can see there are 2 gaps pending & that has to fill sooner so we are ready for long trade. Buy Activate when price taken out @1535 & keep on pyramiding until it refill 1602.
I will strongly prefer Price to come into my zone & play as per my price action strategy. All levels Clearly mentioned in the chart i hope this will helps a lot.
Market closed at 17894. We can see 1 Gap is pending (17990) & another Gap is below at (17389). In between that i have marked Important Support at (17754) & if this has taken out then market will try to fill the Gap which is 17389 slowly & gradually. Conditions: Market 1: If we see 17990 was taken out with huge gap-up opening then need to wait for at least 15...
17800 will act as a imp Resis. If 17641 was taken out then we can see 16550 & If 16550 was taken out then 17388 would be our next target.
PE will Activate if 773 was taken out Target remain same as displayed
We can buy if 583 sustain for target 629 603 initial target
All levels mentioned. Please do not use your brain..... Strictly follow the support resistance & enjoy the day
We will witness Gap Up Opening on coming Monday. If market was able to sustain 17300 then we can see all mentioned target sooner. & By any chance if market failed to open Gap Up & opened where it closed today or downside then wait for Price action.
Coming week will be interesting for us. All important levels mentioned in the chart... We all can take reference however what matters is all ways.... Price Action & Money mgmt so keep learning & keep sharing ideas...
Marked all important levels. We can take reference for todays trade & next week as well. All the best for the Trade.
Position sizing matters a lot in Trading market. Russia Ukraine war impacting a lot. No is ready to digest this much volatility. Have patience kyoki apna time ayegaa. I am taking all positing based on my PAT analysis what about you ?
Negative Divergence witnessed in 1 hour Time Frame. View is bearish. Supports are : 1440 / 1421 / 1401 / 1386 & 1364
Primary Trend : Bearish (Monthly) Secondary Trend: Bearish (Weekly) Minor Trend : Bearish (Daily) Bearish momentum will continue until it breaks its major RESISTANCE "776" Supports are: 713 / 687 & 663 Resistance : 725 / 735 / 750 / 763 & 776
Primary Trend : Bearish (Monthly) Secondary Trend: Bearish (Weekly) Minor Trend : Bearish (Daily) Bearish momentum will continue until it breaks its major RESISTANCE "1778" Supports are: 1737 & 1695 Resistance : 1778 & 1817