CMP 4467 on 16.03.25
The chart shows all the critical levels. The price has corrected around 30% in recent weeks. At this moment, it is on support, as seen in the chart.
Considering a possible reversal from the current levels gives an idea of buying with a small risk.
Possible targets may be 4750/5000 and even more, depending on the index movement ahead.
The setup goes weak if the price sustains below 4400 for a couple of days. In given conditions, the strategy should include Hedging tools for better coverage.
All these illustrations are only for learning and sharing purposes, not a buy or sell advice in any case. I am not a registered analyst.
Before entering a trade, be ready to take a loss on what you have decided.
All the best.
The chart shows all the critical levels. The price has corrected around 30% in recent weeks. At this moment, it is on support, as seen in the chart.
Considering a possible reversal from the current levels gives an idea of buying with a small risk.
Possible targets may be 4750/5000 and even more, depending on the index movement ahead.
The setup goes weak if the price sustains below 4400 for a couple of days. In given conditions, the strategy should include Hedging tools for better coverage.
All these illustrations are only for learning and sharing purposes, not a buy or sell advice in any case. I am not a registered analyst.
Before entering a trade, be ready to take a loss on what you have decided.
All the best.
Not
The price dropped sharply in the first session. For the hedged strategy, the setup is still safe, as I recommended. For a fresh entry, one should wait for the price to be sustained above 4400 levels.All this description is only for learning purposes, not a bit of advice to trade.
İşlem aktif
Finally showed some strength. Reached 4640 on 24.03.25. Keep on watch.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.