OH WHAT A BLOOD BATH TODAY IN THE INDIAN MARKETS ALMOST DOWN BY 4% NIFTY,
AS A RESULT EVERY STOCK FALL TODAY
SO DID BHARTI AIRTEL
NOW AFTER FALL THERE SHOULD BE A RETRACEMENT
NOW I FIND THIS SETUP IN BETWEEN A CHANNEL PATTERN(TOUCHING THE LOWER BAND OF THE CHANNEL)+ 1 HOUR SUPPORT ON 200 EMA+ FIBONACCI PLOTTED TO GET THE LEVELS+AT THIS MOMET DOW HAS RECOVERED 400 OINTS FROM BOTTOM SO NIFTY TOMORROW MAY BE STAYS SIDEWAYS OR VOLATILE IF NIFTY SUPPORTS US TOO THAT WILL BE GREAT GOING.
NOW PLEASE BE CAUTIOUS THIS IS RISKY TRADE
I WILL ONLY TRDE IF I SEE THE PRICE ACTION LOOKS BULLISH AND I MAY EXIT EVEN BEFORE THE TARGET
DONT CONSIDER AS BUY OR SELL RECOMMANDATION
JUST A PRICE ACTION ANALYSIS HOW I DO FOR MYSELF
THANK YOU
-RV THE TRADER
CHECK MY OTHER ANALYSIS ASWELL
AS A RESULT EVERY STOCK FALL TODAY
SO DID BHARTI AIRTEL
NOW AFTER FALL THERE SHOULD BE A RETRACEMENT
NOW I FIND THIS SETUP IN BETWEEN A CHANNEL PATTERN(TOUCHING THE LOWER BAND OF THE CHANNEL)+ 1 HOUR SUPPORT ON 200 EMA+ FIBONACCI PLOTTED TO GET THE LEVELS+AT THIS MOMET DOW HAS RECOVERED 400 OINTS FROM BOTTOM SO NIFTY TOMORROW MAY BE STAYS SIDEWAYS OR VOLATILE IF NIFTY SUPPORTS US TOO THAT WILL BE GREAT GOING.
NOW PLEASE BE CAUTIOUS THIS IS RISKY TRADE
I WILL ONLY TRDE IF I SEE THE PRICE ACTION LOOKS BULLISH AND I MAY EXIT EVEN BEFORE THE TARGET
DONT CONSIDER AS BUY OR SELL RECOMMANDATION
JUST A PRICE ACTION ANALYSIS HOW I DO FOR MYSELF
THANK YOU
-RV THE TRADER
CHECK MY OTHER ANALYSIS ASWELL
