amit11112

amit11112

High to low technical analysis,and following supply and demand zones

amit11112

Audio following trend and below 200 Ema Setup is above

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All over it's in downtrend ,and in 15 min time frame it's forming double top

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Bullish candel on bottom of channel And rsi showing buying strength If it breaks structure then long

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Breached neckline ,and also formed a correction So short after strong bullish candel

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Short with a correction Or long after a strong bullish candel

amit11112

1.Nifty 50 forming decending broadening wedge ,so we can long at bottom with strong confirmation 2.Nifty also forming M pattern ,if it breaches wait for a correction then short

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In 15 min time frame ,it's still following LH LL Now if it breaks this structure it can fall again

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Below 200ema Breaching trend line And has support It is visible in chart

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Now short with sl ,at bottom of channel we may see reversal

amit11112

1.Below 200 Ema, falling bridge , if it breaches we can go for short 2. We may can see reversal at bottom of channel, because rsi say it is in oversold region