ALL THE LEVELS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE.
PRICE HAS BEEN CONSOLIDATING FOR 3 DAYS NOW.
BUY ONLY IF 2300 LEVEL IS BROKEN WITH VOLUME, OR IF PRICE FORMS A REVERSAL CANDLE NEAR/ON THE DEMAND ZONE.
SELL BELOW 2165, BE CAUTIONS WHEN PRICE IS NEAR 2115-2100 LEVEL
2300 WILL ACT AS A GOOD RESISTANCE AND NEEDS TO BE BROKEN BY VOLUME.
The indicator used:
1) Daily Lines plots Daily 20 & 50 EMA on lower time frame charts
2) TEANT
3) VOLUME - RED (BEARISH VOLUME)
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!
PRICE HAS BEEN CONSOLIDATING FOR 3 DAYS NOW.
BUY ONLY IF 2300 LEVEL IS BROKEN WITH VOLUME, OR IF PRICE FORMS A REVERSAL CANDLE NEAR/ON THE DEMAND ZONE.
SELL BELOW 2165, BE CAUTIONS WHEN PRICE IS NEAR 2115-2100 LEVEL
2300 WILL ACT AS A GOOD RESISTANCE AND NEEDS TO BE BROKEN BY VOLUME.
The indicator used:
1) Daily Lines plots Daily 20 & 50 EMA on lower time frame charts
2) TEANT
3) VOLUME - RED (BEARISH VOLUME)
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!