Price Moving In A Upside Channel . Price Touches Demand Zone , Price Consolidating After Touching Support / Demand Zone . Vol Also Showing Positive Strength . If Break 1495 With Volume . Then Buying Opportunity Will Become . Momentum Oscillator RSI , Is Also On Support Levels . If Market Open's Positive Then Wait 1st 15 Min And See If Market Supporting...
Flag Pattern In Daily Chart . Price Rejection Candle ( Hammer , In 1Day Chart ) Retraced 0.5 Fib From Bottom . 75 MIN Twizzer Bottom Pattern Buy Initiate Above 338.5 Manage Your Risk Reward According to your Risk Appetite .
Hammer Pattern , With Long Consolidating Phase , Go Long Above 175.50. SL:- 165.5 Select Your Target as per your Risk Appetite . Happy Leaning .
Impulse Wave Completed . Now It Will Followed By Corrective Wave , It Can Be Zig- Zag Or Flat . Will Try To find Trade Set Up In Corrective Wave . Above Corrective Wave is Just For study , It can be zig zag , flat , Or Incorrect Flat Corrective .
* Price Is In Demand Zone . * Price Touching Lower Leg Of Triangle. Price Rejected From Demand Zone . 75 Min Chart Attached Below High Vol. Buy Initiated :- 854 Happy Leaning .
In 75 Min Chart That is Attached Below . Price Retraced . 0.618 Impulse Completed . Price Is In Demand Zone . In 15 Min Price Break Consolidation Candle . Buy Initiated @ 2380 ( 15 Min ) Sl 2345 Followed By 2286 . Trade And Manage Your RISK : REWARD According To Your Risk Appetite . happy Trading .
One Of The Possibility According to Elliott Wave Theory .
Overall Downtrend . Price Is On Strong Resistance . Price Consolidating Near Resistance Level . Price Is In Supply Zone . Entry :- 10150 Sl :- 10297.5 T1 :- 9710 Select Your Target and stop loss according to your Risk Appetite . Happy Leaning .
* Overall Trend Is Down In 1W , 1D And 75 Min Chart . * Price Came In Havy Supply Zone , Consolidating Here . * Rsi Giving Negative Divergence , ( Buyers Are Getting Exhausted ) If Price Go Below Consolidation Candles With Vol . Then Go Short .
* Price Touching Bottom Of Channel , Retraced Almost 0.618 . * Neutral Candle With High Vol . ( Above It Go Long .) Happy Learning .
Trend Is In Consolidating Phase . *RSI Showing Sellers Are Getting Weak . Last Price Rejected was Where Highest Vol Traded . so If breaks Last High Then Become Strong . If Breaks 282.90 With Bullish Signal Then Go Long . With the Sl Of 173 . Manage Your Risk Reward According to your Risk Appetite .
Consolidation . High Volume Candle . Strong RSI Divergence . BUY:-55.40 SL :- 54.20 T1 :-56.40 Calculate Target According to your Risk Appetite .
After Consolidating Few Days . It Gives Breakout With High Volume . Gives RSI Divergence .(Sellers Are Getting Exhausted) Buy Above 2290. Sl:-2080.05
Price Retraced 0.382 Flag Breakout Level 8840. Try to find bullish setup candle On Above Levels . PRICE Can Also Touch Bottom Levels Of Flag Try To find Bearish Setup there And If Gives Break Down then Go Short. for Target of Fib 0.5 & Fib0.618 . Until It Stays In Flag Its Neutral .
Triangle Pattern Formed . 1) Strong RSI Divergence . 2) Price Reacted From Demand Zone . 3) Entering In Supply Zone . * Trade Set Up for long . Looking For Bullish Candle Strick Pattern Near Triangle Breakout .(Long Above It ) Preferable Above 428. * Trade Set Up For Short . Look For Bearish Candle Pattern Near Supply Zone . And Below It Short . With Sl...
In 75 Min Chart Over All Structure Is Getting Neutral , Price Taken Some Pause And Consolidating Here . 1) Triangle Pattern Is Formed . 2) Price Retraced Fib 0.618 3) Rsi Giving Strong Divergence If Triangle Brock Upwards And Crosses 9039 . Then It Will Give First Reversal Sign. one Can Trade If it breaks 8678.30 with Strong Bullish Candle Or...