RELIANCE - Expection is high
تم تحديثه
PCR - 0.75; High resistance at 1600 21 L OI.
Hanging man formation in weekly chart. Bullish engulfing pattern observed last day with vol showing strength closing abv last 3 days candle. MACD is showing +ve cross over to happen. Increase in vol observed after 1 week. In Daily chrt inv H&S formation is observed. 20,50, 100 DEMA slope is upward.
Have to wait for the BO level. If it cross above 1600 and sustains short covering rally will be seen.
At present NOTA. Wait for BO to happen before entering the trade.
*This is for educational purpose only.
Hanging man formation in weekly chart. Bullish engulfing pattern observed last day with vol showing strength closing abv last 3 days candle. MACD is showing +ve cross over to happen. Increase in vol observed after 1 week. In Daily chrt inv H&S formation is observed. 20,50, 100 DEMA slope is upward.
Have to wait for the BO level. If it cross above 1600 and sustains short covering rally will be seen.
At present NOTA. Wait for BO to happen before entering the trade.
*This is for educational purpose only.
تم فتح الصفقة
Has to close above 1620 to give panic to call writers at 1600.تم فتح الصفقة
Move is on ...تم فتح الصفقة
Book profit near 1680. Buy on dips again.تم فتح الصفقة
Moved above the trend line.
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.