Considering that, we have had already been in quarterly, and at the fag end of new Fiscal Year QTR which is Apr to Jun 25.
If you could observe present quarter has entered the domain July to Sep 24 domain, and it was challenging the previous data points. While it was doing so, it appears to be experiencing fatigue before challenging the highest zonal resitance of all time high.
For the time being index is weak on shorter time frames, but longer time frames are solid as of now.
The best biased opnion will be to buy on deeps
If you could observe present quarter has entered the domain July to Sep 24 domain, and it was challenging the previous data points. While it was doing so, it appears to be experiencing fatigue before challenging the highest zonal resitance of all time high.
For the time being index is weak on shorter time frames, but longer time frames are solid as of now.
The best biased opnion will be to buy on deeps
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.