Observations::
the stock is continuously moving upwards...
After breaking the resistance @820 zone..A rally base rally is observed.
base @1050 is tested and moved again...
In weekly time frame the price is showing bearish...we don't enter for short now...
we have to wait for the price to break the base and gives us some pullback then only...short entry.
In Daily time frame,
support zone observed @1075...
if price tested this will be on buy side...wait for long opportunity in this zone...
the previous resistance 1140 acts as support...price again moves up...
if this not giving any pushup...a continuous fall is observed to support zone.
critical Case::
the zone @1075 acts as support, and the previous resistance acts as again resistance price fall is going to observe.
careful here.
the stock is continuously moving upwards...
After breaking the resistance @820 zone..A rally base rally is observed.
base @1050 is tested and moved again...
In weekly time frame the price is showing bearish...we don't enter for short now...
we have to wait for the price to break the base and gives us some pullback then only...short entry.
In Daily time frame,
support zone observed @1075...
if price tested this will be on buy side...wait for long opportunity in this zone...
the previous resistance 1140 acts as support...price again moves up...
if this not giving any pushup...a continuous fall is observed to support zone.
critical Case::
the zone @1075 acts as support, and the previous resistance acts as again resistance price fall is going to observe.
careful here.
Nota
If we see on lower time frames,price has a trendline resistance as well.buy when trendline breaks and retest...if retest failed short upto demand zone.
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--Educational Purpose Only--
--Not SEBI Registered--
" i am a IT-Trader "
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
" i am a IT-Trader "
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
**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--
" i am a IT-Trader "
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
" i am a IT-Trader "
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.