ABBOTINDIA Views
This script as shown in the chart drawing, appears to be forming a support zone.
I have used following for the analysis purposes.
1.> Value area as per volume and delivery volume. (Delivery volume plot is hard to explain here)
2.> EMA 200
3.> Fixed ranged volume profile
Now the conclusion is pattern is suggesting a positivity in the price.
But, with due diligence, one should do his or her own analysis, and excuse me for my analysis.
I have tried to use indicators provided by trading view as per my understanding, but in reality, I don't use them, is my major disclaimer.
Excuse me for my analysis.
I have used following for the analysis purposes.
1.> Value area as per volume and delivery volume. (Delivery volume plot is hard to explain here)
2.> EMA 200
3.> Fixed ranged volume profile
Now the conclusion is pattern is suggesting a positivity in the price.
But, with due diligence, one should do his or her own analysis, and excuse me for my analysis.
I have tried to use indicators provided by trading view as per my understanding, but in reality, I don't use them, is my major disclaimer.
Excuse me for my analysis.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.