Absolute Analytics Channel
الذهاب إلى القناة على Telegram
Technical Analysis Broadcast on Nifty, BNF, Futures, FX & #Commodities. WhatsApp +91 7416772327 For any doubt (related to analysis) DM @absoluteanalytics_raksha
إظهار المزيد560
المشتركون
-124 ساعات
-37 أيام
-1230 أيام
أرشيف المشاركات
Indhotel 660CE April in watchlist.
*Structure*: at major resistance after a downtrend recovery.
*Entry logic*: Bullish once the resistance is breached. 664
Currently
Observing.
Are you holding came vote here
https://whatsapp.com/channel/0029VanXIFTAzNbzxU4hF62L/4563
CROMPTON:-
Booked profit at 4.95%
Reason:- major resistance 263.50
Next Strategy:- if price is breaching this and testing as support, I will re-enter.
Not fully supported by volume but the RR is good in Nifty. Price closing below 24250 and entering the orb ahain, will drag price further down. Hence the stop has to be quick.
Indusind exit plan:-
Immediate resistance: 849
840 is support. Price closing below this then I will exit the setup, as it will be continuing pull back. Will take new entry once it again comes to the entry level. It is a swing setup hence it needs patience.
*STRUCTURE OF THE DAY*
Asset: Nifty 50
Current Structure: Consolidation
Weekly Bias: Bearish
Support: 24153
Resistance: 24260
This setup is VALID if:
→ Price holds above ORB range with immediate resistance at 24236 on a 15-min close
This setup is INVALID if:
Price breaks below ORB support 24096 with volume
Chart explained here 👇
https://whatsapp.com/channel/0029VanXIFTAzNbzxU4hF62L/4552
