Reasons :-
1.Shortening of Thrust
2.Good Effort(Aggressive Buying Volume) but no Result
3.Sign of Weakness Identified
4.Price Below Weekly & Monthly CPR , Below 55 EMA , Making LH-LL
5.Volume Increases on DownWave
6.Break of Demand Line
1.Shortening of Thrust
2.Good Effort(Aggressive Buying Volume) but no Result
3.Sign of Weakness Identified
4.Price Below Weekly & Monthly CPR , Below 55 EMA , Making LH-LL
5.Volume Increases on DownWave
6.Break of Demand Line
Note
Short at CMP / 13800 LevelsTarget 13000
Sl 14000
RR :1000:200 = 5:1
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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.
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.