The Indicator Used: PANEL 1: 1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts. 2) Valuation band KEYS: Red Faded Cloud: Over Valuation. Grey Faded Cloud: Proper Valuation. Green Faded Cloud: Under Valuation. PANEL 2: 1) TE-REKAB - Proprietary Indicator KEYS: PB: Pullback Blue Candle: Selling Divergence Yellow Candle: Buying Divergence
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- In 15 mins Timeframe it is near by the lower channel taking support from 965 level and standing on top of 100 and 200 Ema.
- In 2 Hours Timeframe it is near by the Upper channel taking support from 965 level and standing below 100 and 200 Ema.