selvamani07

selvamani07

Possible price movement based on Support and Resistance

selvamani07

Buy above Triangle base, once price crossed with strong candle and good volume.

selvamani07

Buy once price crosses triangle base with strong candle and good volume

selvamani07

Price is in previous support zone. This will be a new resistance. Sell once price crosses below zone.

selvamani07

Price broke major support level and price is re-testing the area, forming a resistance. Short once price reverses from zone with target and stoploss mentioned in chart

selvamani07 Updated 

Price forming an upper triangle pattern. Go for long position once resistance is broken with good volumes and strong candle. For stoploss and target, refer chart.

selvamani07 Updated 

Buy after Resistance zone is crossed with good volume and strong candle. Stoploss below resistance zone. Target is next supply zone. Refer all values in chart

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Price is Resistance zone in 4 hour timeframe. Bearish Pin bar candle formed in 1 hour timeframe indicating strong selling pressure. Go for short position in lower timeframe, once price reverses from resistance zone with strong candle.

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Techinical analysis : Price is in previous major Support zone. Current zone will act as fresh resistance zone Open interest data analysis : Call writers added huge volume in 160 ~ 170 strike price - Bearish indication Put writers edited from 165 ~ 170 strike price - Another bearish indication

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Price broken weekly trendline with good volume. Long position with target 128 and stoploss 123.5

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Price bounced back from confluence zone. Buy for targets 101 with stoploss 97.

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Price bounced back from channel pattern and broke short term uprend line. Short position for target 1156 with stoploss 1195.

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Wait for price to break out of trinagle pattern. If pattern broken towards upside with strong bullish candle, buy above 1380 with target of 1405 and if price broken downside with string bearish candle, sell below 1370 with target 1332

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Wait for price to come to confluence zone. Once price given a breakout from zone, go for long position after price crosses 366 with a strong candle in lower timeframe. Target 386. Stoploss as 356.

selvamani07 Updated 

Price is in confluence zone. Previous demand zone will act as supply zone.