NIFTY--Liquidity @24600
A lot of liquidity level is lies above the 24600 levels,
we have a Left shoulder and right shoulder on bottom we find double bottom Take care here before going for short side, after liquidity grab then continue to downside may happen.
Its not a complete sign of reversal for upside. Keep safe Manipulation levels.
we have a Left shoulder and right shoulder on bottom we find double bottom Take care here before going for short side, after liquidity grab then continue to downside may happen.
Its not a complete sign of reversal for upside. Keep safe Manipulation levels.
Note
If Consolidation Happens between shoulders and double bottom then only continuation is seen.Note
The Good area for sell side continuation is at 24700-24900 area, keep safe here before going long from this area. Continuation Downside is possible up to 23200 levels. Note
A Profit booking level is lies near at 24380-24400 range, This is the area price may push down further, Manipulation area. Price consolidation to moving upwards, so be careful in this place.
If price again breaks this level and consolidation above this level leads to breakout up to 24900 levels.
we will again look for buying below the support area.
**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--
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
Disclaimer
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.