This is the higher time frame view showing a strong demand zone around 770 – 790, where price has reacted multiple times in the past.
Key Observations:
• Price is currently trading near a falling channel pattern
• Testing an important demand/support zone
• Compression near support hints at a possible volatility expansion ahead
Important Levels:
• Support Zone: 770 – 790
• Pattern Support: 774 – 794
• Invalidation Level: Below 740 (strong bearish continuation possible)
Upside Potential:
• First Target: 870
• Next Target: 912
Bearish Scenario:
If the price breaks and sustains below 740, we may see a sharp downside move towards 540 levels.
Thank You ....
Key Observations:
• Price is currently trading near a falling channel pattern
• Testing an important demand/support zone
• Compression near support hints at a possible volatility expansion ahead
Important Levels:
• Support Zone: 770 – 790
• Pattern Support: 774 – 794
• Invalidation Level: Below 740 (strong bearish continuation possible)
Upside Potential:
• First Target: 870
• Next Target: 912
Bearish Scenario:
If the price breaks and sustains below 740, we may see a sharp downside move towards 540 levels.
Thank You ....
@RahulSarawagi
Connect us at optionlab.co.in/
Connect us at optionlab.co.in/
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
@RahulSarawagi
Connect us at optionlab.co.in/
Connect us at optionlab.co.in/
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.