CMP: 3400
TF: 75 Minutes
Script is making an ending pattern to complete the 4th wave. I hope it will bottom out around 3250-300 levels. Possible pathway is explained here in this chart.
Trendline support is also around the levels mentioned above
Larger TF wave counts is attached below..
Approach: Better to wait for the price to go below the lower trendline and come back in to the structure again to take the trade.
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.
TF: 75 Minutes
Script is making an ending pattern to complete the 4th wave. I hope it will bottom out around 3250-300 levels. Possible pathway is explained here in this chart.
Trendline support is also around the levels mentioned above
Larger TF wave counts is attached below..
Approach: Better to wait for the price to go below the lower trendline and come back in to the structure again to take the trade.
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.
Dagangan aktif
And the pattern is playing out perfectly now.. Lets see how far this goes
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
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.
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
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.