📈 Pre-open MTF #PriceAction Analysis by #KRMG (06 Sep)
👉 Stock 1- #BHARTIARTL
👉 Sector - NIFTY50
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has strongly fallen nearly from 675 level as per hourly timeframe which is its ALL TIME HIGH Level and now it is trying to reverse or retrace from it
Yesterday on its way to downtrend it got strong rejections from important Level of 665 and continued the downtrend till day end
It has space till 650 on downside if it sustains below CZ, and may even reach near 645 level if convincingly closed below 655
🎯 Coming to sectoral pattern - #Nifty50 is currently in Good Uptrend and currently trading to its ALL TIME HIGH Level
#KRMGPriceAction
#LearnWithKRMG
👉 Sector - NIFTY50
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has strongly fallen nearly from 675 level as per hourly timeframe which is its ALL TIME HIGH Level and now it is trying to reverse or retrace from it
Yesterday on its way to downtrend it got strong rejections from important Level of 665 and continued the downtrend till day end
It has space till 650 on downside if it sustains below CZ, and may even reach near 645 level if convincingly closed below 655
🎯 Coming to sectoral pattern - #Nifty50 is currently in Good Uptrend and currently trading to its ALL TIME HIGH Level
#KRMGPriceAction
#LearnWithKRMG