CMP: 1459.5
TF: Daily
Observation:
Price is trading above the cloud and 200 DEMA
Textbook example of Accumulation seen at the lower levels (1290-1360) and the price is trying to breakout of a Rounding bottom / Cup & Handle pattern
The GAP zone of 1548-1603 could be the potential target for this Dec Series I believe. It confluences with the falling trendline from the TOP.
Expecting GOLDEN CROSS (50 DEMA over 200 DEMA) on this chart soon, which could propel this script higher.
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
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。