📊 Pre-emptive Reversal – Rounding Bottom Breakout
CMP: 6549
Trigger: Sustained above 6570 (weekly close preferred)
Targets: 6812 / 7314 / 7900 / 8900
SL: 5843 (strict)
🧠 Setup Logic:
Fall: 8940 → 4648 → now rounding bottom formation
Early accumulation phase
Sustaining near 38.2% Fibonacci level
6570 = key trigger + supply zone
👉 Conclusion: Pre-emptive trade (not confirmed breakout)
🎯 Trade Plan:
Entry: Above 6570 (no intraday fake breakout)
Confirmation:
✔ Weekly close above 6570
✔ Better if 2 weekly closes sustain
⚠️ Clarification:
Independent analysis. No part of Religare involved.
📝 Important:
Not responsible for profit/loss. No fees involved.
📉 Disclaimer:
Not SEBI-registered. Do your own research.
CMP: 6549
Trigger: Sustained above 6570 (weekly close preferred)
Targets: 6812 / 7314 / 7900 / 8900
SL: 5843 (strict)
🧠 Setup Logic:
Fall: 8940 → 4648 → now rounding bottom formation
Early accumulation phase
Sustaining near 38.2% Fibonacci level
6570 = key trigger + supply zone
👉 Conclusion: Pre-emptive trade (not confirmed breakout)
🎯 Trade Plan:
Entry: Above 6570 (no intraday fake breakout)
Confirmation:
✔ Weekly close above 6570
✔ Better if 2 weekly closes sustain
⚠️ Clarification:
Independent analysis. No part of Religare involved.
📝 Important:
Not responsible for profit/loss. No fees involved.
📉 Disclaimer:
Not SEBI-registered. Do your own research.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.