PRL Analysis
Closed at 106.95 (16-10-2026)
Bearish Divergence appearing on bigger tf (Cautious approach
should be adopted now).
Ascending Triangle is spotted but heavy volumes are required at
108 - 110 to sustain this level & to continue its move.
On the flip side, Important Support seems to be around 88 - 93 &
then around 75 - 77.
Multiple closings below 74 may bring more selling pressure dragging
the price towards 65.
Closed at 106.95 (16-10-2026)
Bearish Divergence appearing on bigger tf (Cautious approach
should be adopted now).
Ascending Triangle is spotted but heavy volumes are required at
108 - 110 to sustain this level & to continue its move.
On the flip side, Important Support seems to be around 88 - 93 &
then around 75 - 77.
Multiple closings below 74 may bring more selling pressure dragging
the price towards 65.
Trade ativo
wowww. From 114 to CMP 100.50 :-DOn 16-10-2026, I clearly talked about Bearish Divergence
Nota
as clearly mentioned about the Bearish Divergence... and it played well 😀
From 114 to CMP 98.11 so far 😛
Nota
woww... 95.50 :-Dseems like it may print higher low around this range.
Resistance is still the same, 108 - 110.
Nota
93 :-D
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.