NIFTY monthly candle closed above 18000 for the first time thats the concern. But the chart shows bearish bat + supply. I am looking for sell with 4h/1h confirmations.
Supply zone marked with inducement aswell as lq sweep. Looking for confirmation entry in1/3min.
ITC : 1hr liquidity has been grabed, Looking for a positional sell if the previous swing breaks and retrace to the marked zone.
In weekly TF i can see a proper supply with liquidity grab by trendline as well as the candle , It created a break of structure. Sell will be the best choice in 4h/D timeframe with confirmation.
Eurusd fell after the cpi data from 1hr point of intrest. Expecting a move to liquidate the previous swing low. Look for an confirmation entry in the zone marked. #SMC
RELIANCE Monthly outlook If the next demand breaks then there is a possibility for 1350 levels after a retrace towards 2450. Looking for confirmation entry in the 1300 levels.