Short Disc : educational purpose only. Not a SEBI Registered member
Self Explainable chart Disc: Educational Purpose only
look for price action.build up is there
price action trade. up Trend - buy above 704 SL -696 Target 715. Down Trend - sell at 694 SL 698 Targets 684,680.
1. decrease in volume 2. RSI -ve divergence 3. OBV decreasing (Distribution happening) wait for trend line to break down
It facing resistance at 297 which is 38.6% fibonacci retracement. strong deliverable % in last 3 months .a very good buying opportunity above 300 with 290 as stop loss. swing trade. Educational Purpose only. views are personal.
refer chart.
interesting to see how it will respond tomorrow. if it breaks down trend line we can expect to see 370-380 levels once again in coming days
refer text on chart.
currently in up trend . multiple testing at 23.6% retracement
long
