RSI itna strong hone ke baad bhi breakdown hua, thoda confusing lag raha hai. Kya yeh bas stoploss hunting thi?
Agar support hold kar gaya toh quick bounce aa sakta hai till 25,100… tight SL se try kar sakte hain!
Price retraced down quite a bit after this move up today. Do you think we’ll see the gap between 25030-25040 will be covered in the next few sessions? What’s the vol profile saying?
@bishnubhatt i want to take trade for a week option selling swing trading kind of will 15 mins zones work
You could also test an approach where you only use the 1-hour chart for drawing support/resistance if your trading is intraday—it can reduce noise.
Doesn’t a P-shape usually mean buyers being in control?what market action are you seeing that suggests price will resolve on the downside?