Ethical_Bear

Hammer candle on weekly frame

Ethical_Bear 업데이트됨   
NSE:IDFCFIRSTB   IDFC FIRST BANK
1) All time high @ 100.85
2) Range 93.55 to 96 seems to be strong selling zone with small support(acting resistance) range 86.65 to 87.95
3) Strong resistance range 81.42 to 82.55 since all time high in 2016 and breaks the level in 2023
4) Hammer of 4.5% forms in weekly frame taking long position with target of +3 points in coming week
Expectation : - If target of 3 points are achieved, we can expect further movement for range 86.65 to 87.95 range near (acting resistance)

** logic : with target being hit, price also breaks the current resistance, fi momentum persists we can see movement forming another swing so that trend can be formed **
액티브 트레이드:
candle failure, price moving down for support level 70.65 to 76.4 can be considered as strong support on monthly basis. Price to test support and retrace. Let's observe
액티브 트레이드:
reversal from monthly support, price on the move towards target, we can sill expect little sideways near 80 to 82 range with target of 83 as of now.

not an advise, views are personal only, please DYOR
거래청산: 타겟 닿음:
price hits target (83.60)

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.