@55_Er_Maratha Technical Traderš®š³
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I am not sebi registered Analyst. This Channel is created for Educational purpose. Joining this channel is free. On this channel I am representing my technical analysis. Kindly take advice of your financial adviser before taking any trade
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Mercury Direct from Tomorrow
Expecting opening positive and dive
SOR
Expecting one upmove again
around 14.40 Moon hora starting
Day highlight astrologically is Night Swarga Bhadra after Mid Day
Positive in nature
Opening with positive approach with small small steps till 11.35
Important time today
9.30
11.35
13.25 to 13.45
Moon Conjunction with Mars gives positive aggressive effect
venus and neptune make it sluggish
BNF oi data indicating
Support @ 50000 and resistance @ 52000
Emerging support @ 50200 and Resistance @ 52500
(Shifting upward indicating upward move)
4 Quadrant indicating positive position
fight live between 51500 to 51000
Less interest of Put writers on higher strike is issue for up move
Possibility of short covering is above 51500
BNF on 15 Min chart
Having Resistance @ 51420 and support @ 51020
There are two possibility as shown plan your trade accordingly
BNF on 15 Min chart
Moving in upward With Flag and pole patterns
Let's relate this with Elliot wave
As per theory 52550 to 52080 is resistance Zone for 3rd Wave
BNF on daily chart
Trending positive after breakout to small downward flag and pole pattern
51800-51980 remains strong resistance to create upward trend
50780-50980 act as support now
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