- Marked out a few important horizontal S/R levels in order to give a better idea to the new learners. - Do not trade in between the levels, always trade level-to-level. - It is continuously taking resistance from 200MA, indicating a shift in apply to higher levels. - It may soon breakout above 200MA because the supply is getting absorbed. - Wait for a pullback towards 550 zone or wait for a breakout of 590.
Disclaimer:This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers! Rajat Kumar Singh (@johntradingwick) Community Manager (India), TradingView