I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling...
We have a demand zone @1180-1160 levels...if we consider this as a head and a rise is observed from this zone...those who wants to enter long again can also enter in long position at right shoulder as well....keep looking in buyside from the right shoulder, when Head is formed safe trader enter long at right shoulder by keeping the stop loss at Head...
Keep look...
After a strong continuous rise this stock is giving us discount to enter long...
after a strong consolidation this stock is testing the demand zones at 1080 levels...keep looking for long in this stock from this zone...
Recently price breaks the support at 1120 levels...keep in short side if this gives retest to support again....If not look for long from demand zone.
I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure...
I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure...
Keep watch this its trading in a channel....
the end of bullishness is going to observe.
wait for the price to break of trendline and retest....
will update once it is reversed....
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...
Observations::
After a strong bullish momemntum price is given us some retracement, to enter long.
previous resistance is turning to be a support....
a strong supply is seen from 1190 zone...
if price acts as a demand 1150 zone...will seen it will test the supply again.
if it wants to fall...it has to break the demand and retest then will go short.
until don't...
observations::
the stock is trending upwards from long time... showing bearishness now,
we have a demand zone @1012-1010 range...
keep on selling up to this zone from 1070 zone..
if price not able to break above 1070 range,
and falls below 1040 range sell up to 1020 range..
False breakout also be possible ...
keep track these levels..
Buy Plan::
----->> the stock is trending upwards in daily time frame.
------->> the previous resistance @ 820 level was broken strongly, observe a consolidation before showing bullish pressure above 820 levels.
------->> now the price is almost trading 200 points above the resistance previous.
-------->> If price showing bearish pressure in tis stock will observe a strong...
