TF: Daily
CMP: 4182
Price has formed a pinbar at the 4150 mark and holding the 4100 support/demand zone for now.
Price has moved in an impulse fashion from this level in August 2025
The zone of 4000-4100 has been very strong on weekly TF as well (be it acting as a Resistance or as Support)
Here is the weekly chart with levels for better understanding
At CMP 4180, it looks like a low risk long set up with a daily close below 4100 as Stoploss
Things to be Cautious about:
Price is trading below 200 DEMA, safe traders can wait for the daily close above 200 DEMA (4250 levels)
Price is trading below the Cloud as well
Strict SL is a must for long bias trades.
Definitely this is not a place to go SHORT
Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.
CMP: 4182
Price has formed a pinbar at the 4150 mark and holding the 4100 support/demand zone for now.
Price has moved in an impulse fashion from this level in August 2025
The zone of 4000-4100 has been very strong on weekly TF as well (be it acting as a Resistance or as Support)
Here is the weekly chart with levels for better understanding
At CMP 4180, it looks like a low risk long set up with a daily close below 4100 as Stoploss
Things to be Cautious about:
Price is trading below 200 DEMA, safe traders can wait for the daily close above 200 DEMA (4250 levels)
Price is trading below the Cloud as well
Strict SL is a must for long bias trades.
Definitely this is not a place to go SHORT
Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.
أغلقت الصفقة: تم الوصول لوقف الخسارة
closed below the support candle.. SL hit.. trade closed
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.