Short Setup in Marico Futures

7 Eki 2023

Trend - Negative
If the price sustains below 541.40 then it could see the levels of 525 and then 510

• The price gives a breakdown of 541.40 which is a 38.20% Fib retracement level.
  
• A strong bearish crossover near an important level of 28.60% (Fib retracement).
  
• The breakdown of the Bollinger band
  

Hit the like button!! Show some energy!!

Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.

Thanks
Er. Simranjit Singh Virdi