RELIANCE
DISCLAIMER: Do not consider this analysis as an Investment or Financial advise.This analysis is made for educational purpose.
I have marked all the important levels for this week, all the bearish moves might be expected in the red highlighted area and all the bullish moves is expected in the green highlighted area.
If anyone need live link of the levels then do let me know in the comments.
This is the final week of this month Expect Volatility in the extreme lower as well as on the extreme upper levels.
If it wants to continue bullish movements in the larger timeframe we will be see some active buying's near the lower levels as it will attracts them to buy on the lower price.
if Initial buying from lower levels catches momentum then expect that further buying / upmove will be slow a littel deeper pullback.
But the most important thing is that it is just a calculated probability and at any point of time I can be proved wrong because market is and always will be uncertain, So Always trade with proper stoploss and try to club it with you existing trading experience/ Strategy so as to gain maximum benefit out of it.
Hope you all will find these levels useful
Do give this idea a boost if you like the analysis and don't forget to Subscribe.