Godrej Prop Intraday Trading Set up 2

60 MINS 200 EMA @ 2285
SELL IF THE ZONE IS broken with selling volume . Look out for a buying divergence candle

If 2340 is broken with volume , we will see more upside.

The Indicator Used:
1) Support/Resistance Levels are marked on the charts
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.

3) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence

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The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)

HAPPY TRADING!!!