long swing position in L_TFH. USING BASIC PRICE ACTION STRATEGY FOR SWING ENTRY AND TAKE TRADE BY INTRADAY TIME FRAME. BASIC T.A - PRICE ACTION, S&R, TRENDLINE, EMA 14-50 CROSS AND SUPPORT OF EMA. ALL MAKES AREA OF CONFLUENCE AND A PERFECT TRADE ENTRY.
SBIN -T.A. It was having resistance around 332and gave view to few, if it crosses the next monthly resistance at 352, and it turned back from monthly R. also entry pints based on area of confluence given in the study. Swing trades.
ALL THE TIME M,W,D AND 4HR confluence of uptrend. The support of EMA and pivot points. Let the price cross 109.8, then there is no stopping upto 130. so, if in few days if nifty makes new high, the price will rockets to 130.