Nifty index is created a demand zone at bottom levels...
strong consolidation is observed today on top at Supply zone, liquidity grab is also done above the same supply zone...
if it forms a double top here it is likely to test the demand zones lies below 20800 levels
if it failed to make it, then a long continuation may again happens from 21300 levels....
keep safe from this zones.
------------------------------------------------------------------------------------------------------------------
I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
strong consolidation is observed today on top at Supply zone, liquidity grab is also done above the same supply zone...
if it forms a double top here it is likely to test the demand zones lies below 20800 levels
if it failed to make it, then a long continuation may again happens from 21300 levels....
keep safe from this zones.
------------------------------------------------------------------------------------------------------------------
I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
Catatan
Double top failed and make the same as support and now price is at resistance zone...tested 22000 level.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.