SIYARAM SILK: Can it bounce back? | LIVE CASE STUDY
1. It will be very interesting to observe the reaction of the price, very good Live Case Study
2. Overall EMA & Trendline RT is suggesting reversal.
3. Mostly the 2nd scenario should play out ideally.
4. Although there's a risk that the monthly tf candle does not look good creating the possibility of 1st scenario, in that case, price will break all the supports very easily.
MTF:
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 What are your thoughts on this share it in the comments below. ✌️
🔥 Happy Trading!✅🚀
2. Overall EMA & Trendline RT is suggesting reversal.
3. Mostly the 2nd scenario should play out ideally.
4. Although there's a risk that the monthly tf candle does not look good creating the possibility of 1st scenario, in that case, price will break all the supports very easily.
MTF:
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 What are your thoughts on this share it in the comments below. ✌️
🔥 Happy Trading!✅🚀
Anubrata Ray ⚡
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