📈 Pre-open MTF #PriceAction Analysis by #KRMG (02 Sep)
👉 Stock 2- #TATASTEEL
👉 Sector - METALS
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - After strong Uptrend from 1050 to 1535 level then it strongly reversed to downside till the 1300 Level. Now it has a strong barrier around 1070 Level found as per Hourly Timeframe Orderflow Zones
On Wednesday, it has shown strong Downtrend and in 2nd Half it has given good breakdown below 1415 Level post consolidation and convincingly sustained and closed below that
Watch for #PriceAction around important CRITICAL ZONE structural points to plan your trade
🎯 Coming to sectoral pattern - #NiftyMetals has given very strong Upmove on 06Th May and again it showing the weakness till its next Support 25420
#KRMGPriceAction
#LearnWithKRMG
👉 Sector - METALS
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - After strong Uptrend from 1050 to 1535 level then it strongly reversed to downside till the 1300 Level. Now it has a strong barrier around 1070 Level found as per Hourly Timeframe Orderflow Zones
On Wednesday, it has shown strong Downtrend and in 2nd Half it has given good breakdown below 1415 Level post consolidation and convincingly sustained and closed below that
Watch for #PriceAction around important CRITICAL ZONE structural points to plan your trade
🎯 Coming to sectoral pattern - #NiftyMetals has given very strong Upmove on 06Th May and again it showing the weakness till its next Support 25420
#KRMGPriceAction
#LearnWithKRMG