As lined in the above chart this wil gonna be your next price movements so please follow it strictly of you will gonna end in huge losses so mark it on your chart also
Symmetrical artistification of price action so its all about seeing chart more than writing just numbers, please refer to chart to get understanding hence.
>> Will open gap-up.
>> Will gain upside momentum till 46750.
>> On break of 46750 on pullback, price can go around 300 points more above it or it will give a false breakout around 46750 and will fall 600 points around.
Green levels are support while red onces are resistance. It is estimated if price takes support from green levels, it can go to resistance levels. If it breaks the support level and consolidates then fall is expected.
If price breaks resistance levels and consolidates then breakout is expected. Follow the levels, follow the price-action and keep your assumptions...
Bn is still bearish and the move is remaining to complete the tip of the downtrend currently running before it decides to change or consolidate or continue the trend.
So it is advised to participants to trade with bearish mindset and be cautious before you take long.
So have you seen our previous analysis in case of gapup and gapdown, I had already told you that if there is a gapup, the price will first come down and then go up, and exactly same happened, this type of analysis comes from buyer-seller psychology, this is called Baap analysis 😃
Now price will descend with lower high structure or consolidate, don't believe...
If price breaches one level then it is ready to go to another next level. The above levels are only applicable if price opens in middle big zone and then starts breaching levels of either side. Do keep mind these levels during trading to catch big rally and avoid losses.
