Structure seems to be confused.. In trap zone..
CPA inflation data was Bad as compare to (last 15 Year)
Already done trade on 14/8/2023 ...
Market structure is Strong,,, But but but its in trap zone
If close below 19317 then trend reversal is there and bearish mode can be there..
If continue to sustain above 19419 levels and break 19554 after consolidation...
ADANIENT
Daily Time frame Structure is week...
May be because of news and all ..
On Crucial levels...
If on 16/8/23
Gap Down and falls then can break 2440/2396 levels , Target Till 2172 in coming weeks ..
If on 16/8/23
Flat for gap up and sustain above 2466 and consolidates here then uptrend will continue 2518 make or break level and achieve 2771 in coming...
