Market Crash:- Is it an opportunity?
Hi Everyone!
In this analysis we'll look at some chart after we met Crash.
* Whenever market crash it's an opportunity for us to buy a good share at discounted price. Just Switch to the higher time frame ( Monthly, Weekly ) and find out the major Support/Resistant. It'll try to test major Support/Resistant, Trendline , Channel.
*
ASHOKLEY:- The chart is self explanatory.
*
HDFCAMC:- Find support at IPO's high in 2020 Corona crash.
*
SBIN:- Major support @150
*
AXISBANK:- Create support at previous resistance.
*
JSWSTEEL:- Create support at previous major resistance.
*
VEDL:- No need to explain.
* Q- Can we enter as soon as price touch the Support/Trendline/Channel?
Ans- No, Wait for Price Action or W pattern in Short time frame { D }
Disclaimer:- This is Not investment advice. It's just for learning purpose. Invest your capital at your own risk.
Please like, share & follow if you find this article helpful for you in any manner.
In this analysis we'll look at some chart after we met Crash.
* Whenever market crash it's an opportunity for us to buy a good share at discounted price. Just Switch to the higher time frame ( Monthly, Weekly ) and find out the major Support/Resistant. It'll try to test major Support/Resistant, Trendline , Channel.
*
ASHOKLEY:- The chart is self explanatory.*
HDFCAMC:- Find support at IPO's high in 2020 Corona crash.*
SBIN:- Major support @150*
AXISBANK:- Create support at previous resistance. *
JSWSTEEL:- Create support at previous major resistance.*
VEDL:- No need to explain.* Q- Can we enter as soon as price touch the Support/Trendline/Channel?
Ans- No, Wait for Price Action or W pattern in Short time frame { D }
Disclaimer:- This is Not investment advice. It's just for learning purpose. Invest your capital at your own risk.
Please like, share & follow if you find this article helpful for you in any manner.
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