My trending system generated a buy signal on a 15 minutes time frame.
The buy signal was generated 29600 with a tight SL of 29400.
The targets for this level are coming around 30500-30400 and these levels are also a major supply zone!
I use my system to identify a trend and to find possible targets I prefer to use Fibbo levels.
The buy signal was generated 29600 with a tight SL of 29400.
The targets for this level are coming around 30500-30400 and these levels are also a major supply zone!
I use my system to identify a trend and to find possible targets I prefer to use Fibbo levels.
Nota
25/12/2020 - Bank Nifty has reached its target and there is a high chance that it will either consolidate at the current levels or will give a decent pullback to 29900-29700 levels before continuing with the upper trend .
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.