๐ Pre-open MTF #PriceAction Analysis by #KRMG (14 Sep)
๐ Stock 1- #MINDTREE
๐ Sector - IT
๐จ๐ปโ๐ซ Analysis Timeframes - Hourly and 15 min (Intra)
๐ฏ Commentary - MINDTREE has started strong Uptrend from 3700 Level in HOURLY TF, and also it has convincingly closed & broken above to its ALL TIME HIGH 3860 Level on Yesterday
It has continued good Lower High pattern as per 15- Min timeframe and also yesterday after opening it continued Impulsive Up move and closed near days High
For Buyers to maintain dominance, it needs to close and sustain above the #CRITICALZONE
For Selling pattern - BREAK OF 15 MIN structure is mandatory (Watch for volume spikes )
๐ฏ Coming to sectoral pattern - #NiftyIT is now trading near to its ALL TIME HIGH Level
#KRMGPriceAction
#LearnWithKRMG
๐ Sector - IT
๐จ๐ปโ๐ซ Analysis Timeframes - Hourly and 15 min (Intra)
๐ฏ Commentary - MINDTREE has started strong Uptrend from 3700 Level in HOURLY TF, and also it has convincingly closed & broken above to its ALL TIME HIGH 3860 Level on Yesterday
It has continued good Lower High pattern as per 15- Min timeframe and also yesterday after opening it continued Impulsive Up move and closed near days High
For Buyers to maintain dominance, it needs to close and sustain above the #CRITICALZONE
For Selling pattern - BREAK OF 15 MIN structure is mandatory (Watch for volume spikes )
๐ฏ Coming to sectoral pattern - #NiftyIT is now trading near to its ALL TIME HIGH Level
#KRMGPriceAction
#LearnWithKRMG