Observations:: ---->> A strong bullish momentum is observed from this zone...43400 level... ---->> To reach this zone 43400 level from resistance price is approching with strong consolidation.
---->>if this zone again acts as support,will be on buy side until the Base low 43900, Base High 44200 only. ---->> Drop-Base-Drop formation is observed. ---->>If the base resist the price, to go upside...will again observe a fall below 43400 levels...
Comment
Comment
Comment
Comment
if price breaks below this zone...not able to go upside...will be on sell side.
Comment
Trade closed: target reached
Comment
If price breaks this level @43680 and not able to go upside look for sell.
Comment
Comment
Comment
today mostly price is in consolidation between the zones 43960-43700 range again. will wait until these breaks
Comment
If price wants to continue upside, it has to reversal from this 50-60 % zone, and is not able to go above yesterday high, will plan for sell action.
Comment
the previous zone @43960 will resist this will break.
Trade closed: target reached
1 zone target done...
Trade closed: target reached
2nd zone also be done...will see if price breaks 43700 or pullback to 43880 level.
Comment
If trendline failed to act as support price fills the Bullish gap
Comment
If it is a rally base rally, price breaks the 43400 level.
Trade closed: stop reached
long stopped.
Comment
going for plan B, price broken the zone and give retracement will sell target of gap area and below.
Comment
price came ...but wait there is a possibility that push again.
**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support ** --Educational Purpose Only-- --Not SEBI Registered--
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.