@BissaGauravB @DileepAbraham Thank you Gaurav bhai for the honor but I am also a learner in price action. Here are my 2 cents -
1. Price is trading near major demand zone area of 519-580 on weekly
2. On daily it is making higher highs & may retest the supply at lower levels now (524-534 crucial)
1/n
1. Price is trading near major demand zone area of 519-580 on weekly
2. On daily it is making higher highs & may retest the supply at lower levels now (524-534 crucial)
1/n
@BissaGauravB @DileepAbraham 3. This week rise with massive volume is faded & prices got rejected at 580-581 level
4. If the demand last week was valid then it will try to find support above 520, will consolidate & move up. However, if bulls fail to hold 519-20 then its heading towards 400-410 odd levels
2/n
4. If the demand last week was valid then it will try to find support above 520, will consolidate & move up. However, if bulls fail to hold 519-20 then its heading towards 400-410 odd levels
2/n
@BissaGauravB @DileepAbraham My advice is to wait for things to be clear and short only below 517 close for positional targets of 410. If it holds this level then it may bounce till 600-630 levels.
Hope this helps.
3/3
Hope this helps.
3/3
