POWER-GRID: Is more POWER for Break Else GRID Failure (here Double TOP Confirmation) ?
COMMON in All 4 INSTANCES (mentioned in chart).
Each time Rallied after Fib Retracement in Between 0.618 & 0.786.
Rest are plotted on Chart.
Technical Indicator Looks Good.
BEST LONG @ 208 - 206.70
Intraday Res: @ 211.90, @212.5 - 213.45 (HZ), @ 215.20
Intraday Sup: @ 208.9, @ 208 - @ 207.2 (BZ), @ 205.60
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COMMON in All 4 INSTANCES (mentioned in chart).
Each time Rallied after Fib Retracement in Between 0.618 & 0.786.
Rest are plotted on Chart.
Technical Indicator Looks Good.
BEST LONG @ 208 - 206.70
Intraday Res: @ 211.90, @212.5 - 213.45 (HZ), @ 215.20
Intraday Sup: @ 208.9, @ 208 - @ 207.2 (BZ), @ 205.60
If you think this post enrich your knowledge and would help you in trading,
Please don't forget to Hit / Click the Like button.
Your likes are the only motivation to post better ideas in future.
Disclaimer: Only For STUDY. For taking Trade Decision Consult Financial Advisor.
Note
Made a HIGH @ 214.75Nearing "BREAK or REVERSED Zone"
Note
Touched All Time HIGH @ 215Possible NEW HIGH.
LTP: @ 214.45 (at 1.40 pm)
Note
Made NEW HIGH @ 217Mentioned "Possible NEW HIGH" Yesterday.
LTP: @ 216.05 (at 12.22 pm) (Above Prev. all time HIGH @ 215)
Trade closed: target reached
Made a HIGH @ 219.10Achieved TGT. Notice "?" on the Chart.
Note
Made HIGH @ 219.50,0.50 point from All time HIGH (After published this VIEW).
If made new HIGH @ 224+ is also on CARD.
Note
Made HIGH @ 223.95 (All time HIGH, as of Now)After published this VIEW.
Mentioned in Last Comment:
"If made new HIGH @ 224+ is also on CARD".
Note
made a HIGH @ 224.20Mentioned in early Comment:
"If made new HIGH @ 224+ is also on CARD."
Hope Enjoyed.
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Related publications
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.