Hi Everyone!
In this analysis we'll look at some chart after we met Crash.
Whenever market crash it's an opportunity for us to buy a good share at discounted price. Just Switch to the higher time frame ( Monthly, Weekly ) and find out the major Support/Resistant. It'll try to test major Support/Resistant, Trendline , Channel.
ASHOKLEY
:- The chart is self explanatory.
HDFCAMC
:- Find support at IPO's high in 2020 Corona crash.
SBIN
:- Major support @150
AXISBANK
:- Create support at previous resistance.
JSWSTEEL
:- Create support at previous major resistance.
VEDL
:- No need to explain.
Q- Can we enter as soon as price touch the Support/Trendline/Channel?
Ans- No, Wait for Price Action or W pattern in Short time frame { D }
Disclaimer:- This is Not investment advice. It's just for learning purpose. Invest your capital at your own risk.
Please like, share & follow if you find this article helpful for you in any manner.
In this analysis we'll look at some chart after we met Crash.
Whenever market crash it's an opportunity for us to buy a good share at discounted price. Just Switch to the higher time frame ( Monthly, Weekly ) and find out the major Support/Resistant. It'll try to test major Support/Resistant, Trendline , Channel.
ASHOKLEY
:- The chart is self explanatory.
HDFCAMC
:- Find support at IPO's high in 2020 Corona crash.
SBIN
:- Major support @150
AXISBANK
:- Create support at previous resistance.
JSWSTEEL
:- Create support at previous major resistance.
VEDL
:- No need to explain.
Q- Can we enter as soon as price touch the Support/Trendline/Channel?
Ans- No, Wait for Price Action or W pattern in Short time frame { D }
Disclaimer:- This is Not investment advice. It's just for learning purpose. Invest your capital at your own risk.
Please like, share & follow if you find this article helpful for you in any manner.
