House-of-Technicals
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What symbols does the trader recommend buying?
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House-of-Technicals
CMP 105228.47 (02-06-2025)Bearish Divergence on Bigger tf (Cautious approach should be taken).However, if 109350 is Crossed, we maywitness 115000 & then 120000 - 121000.and if 112000 is crossed & sustained, be readyto get New Highs :-)Lets be more cautious & dig out 3 ImportantSupport Levels.S1 around 103000 - 102500S2 around 97800S3 around 93400 - 93500.
House-of-Technicals
R1 around 95900 - 97100R2 around 101500 - 101900S1 around 92400 - 92500S2 around 88500 - 88900
House-of-Technicals
Bearish Divergence is there on Daily Tf.But Strong Support lies around 3229 - 3265Otherwise, let it cross 3322 for thetarget around 3350 - 3370
House-of-Technicals
Cup & Handle Formation on 5 mins Time Frame.Wait for the Resistance to Break.TP Hit
House-of-Technicals
Monthly Closing above75000 would be a +ve sign.Hidden Bullish Divergence on Daily TFhas also appeared.
House-of-Technicals
Double Bullish Divergence at Important Support Zone..on Daily TF.
House-of-Technicals
Weekly Support is around 80000.However, 72500 - 73000 is its previousbreakout level & probably a Best Buying Rage(if it touches) which is also a Confluence area ofTrendline Support+Important Fib. level.Bullish Divergence on Shorter Time Frame + Weekly Support around 80000 (if Sustained)may push the Price up towards 87000 &then around 95000 - 96000.Ultimate Resistance is around 110000.Crossing this level may open new HighsTargeting around 136000.On Shorter Timeframe, 85000 - 86000 isthe Immediate Resistance & Support is around 80000.Wow... Breakout Level retest Perfectly :-D
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