Monthly chart Resistance acting as support RSI Divergence Short term double bottom first bottom: July 2019 and Second: December
Black = Trend line Green = support Red = Resistance Once resistance is broken acts as support monthly chart
Buy on dips from 228 to 202, depending on the risk appetite and % of capital allotment sell at your wish
Buy on dips up to 44 with SL bellow 44, target, T1 at 102 and T2 at 150, if it crosses its all time high it will fly Time frame depends on market condition, I think one year
Above 326 its good to ride a rally, MACD is positive on daily and weekly chart
all time high, retest may be done, ones retest happens, buy above the new high. my thought by the way MACD is positive on daily chart control your losses
I will short below 115 with a stop loss of 118.5 and book profit around 111 WHY: weekly trend down, daily trend down,complete market down WHEN:If it goes down with bearish MACD and if risk reward ratio satisfies me I am not SEBI registered adviser this is my personal opinion and this for my recording only
I will short below 110 with a stop loss of 113 and book profit around 106 (depends on Monday opening) WHY: weekly and daily the trend is down even it broke the major support on daily frame WHEN: if it continues the Bearish MACD and if the risk reward ratio satisfies me I am not SEBI registered adviser this is my personal opinion and this is for my recording only
I will short below 155.20 with a stop loss of 160 and book profit around 147 WHY: weekly trend down, daily trend down,complete market down WHEN:If it goes down with bearish MACD and if risk reward ratio satisfies me I am not SEBI registered adviser this is my personal opinion and this for my recording only
WEEKLY CHART TRADING ON RECTANGULAR BOX MACD BULLISH CROSS OVER HAPPENED ITS JUST MY OPINION