TF: Daily
The script seems to be making a strong base at around the 200 DEMA and now trying to come up.
Price has taken support at the trendline rising from June 2024 lows.
Price is at the confluence zone (resistance turned support) of 540-570
A decisive breakout above 570 could take this script higher.
With a stop of daily close below 540, this looks like a good LRHR set up.
Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.
The script seems to be making a strong base at around the 200 DEMA and now trying to come up.
Price has taken support at the trendline rising from June 2024 lows.
Price is at the confluence zone (resistance turned support) of 540-570
A decisive breakout above 570 could take this script higher.
With a stop of daily close below 540, this looks like a good LRHR set up.
Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
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I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。