After Testing the Supply zone twice, Stock is consolidating near the resistance levels. This time, stock has approach the resistance zone with good volumes.
An hourly closing above 1220 would be a good Opportunity for Swing Trade.
CMP: 1192.70
T1: 1368
T2: 1635
T1 and T2 are decided based on Fibonnaci Levels.
P.S: This analysis for educational purpose only. Please trade as consulted by your financial advisor.
An hourly closing above 1220 would be a good Opportunity for Swing Trade.
CMP: 1192.70
T1: 1368
T2: 1635
T1 and T2 are decided based on Fibonnaci Levels.
P.S: This analysis for educational purpose only. Please trade as consulted by your financial advisor.