M_M
is trading around 850 revels which is shy above Fib's Golden retracement level. The possibility of Upmove is good as well as consolidating for a few more days, buyer's accumulation will lead to upward momentum. Market might move up till the demand zone is attained. Another possibility is Breaking down to supply zone. Chances of happening so is thin but possibility is their because of the current market scenario where
NIFTY
and
BANKNIFTY
both are falling good every day. If
M_M
sustains this period then upward momentum will come soon and we can see all-time highs very soon. The imbalance zone between the rise and fall has been covered up by the market as of now, let's see what it brings on next trading session.
PS: NO analysis is 100% follow your RR and trade with head in the game.
PPS : I'll update as soon as I get into this trade.
İşlem aktif:
Entry into M&M.
Yorum:
Good Profit in progress
İşlem aktif:
Profit in progress.
Yorum:
Lets Goooooo !!!
İşlem aktif:
Target 1 : achieved !!!
Target 2 : Open (Hold till you can.)
Target 2 : Open (Hold till you can.)
İşlem aktif:
Still Partially inn.
İşlem aktif:
Slowly approching golden retracement zone again.
Yorum:
Sentiments has turned very negetive. Booking all partialy opened trades on monday. Gathering profits for lower level buying opportunities in near future. Preserve ur money as of now.
