FTU CHART
Delta Corp πππSwingπππ One can go long once breakout Targets as marked
Update
Activated and T1 done bhiπ
Wahhβ‘οΈ3% up
Activated and T1 done bhiπ
Wahhβ‘οΈ3% up
FTU CHART
image_2024-08-27_13-35-14.png
In the PD ON session, we saw a 'P' shape profile, with the VPOC positioned near the highs, indicating strong buying and a robust distribution. This pattern set the tone for the RTH, where the A period successfully breached both the ON High and the PD high. However, during the B period, sellers aggressively entered the market, pushing prices down sharply and leaving behind single prints that remained unfilled through the close and persisted into the current ON session.
During the PD session, a triple distribution was noted, though one set of singles was filled during the formation of a 'b' shape profile, which featured a spike base at 5649βmarking the lower end of the singles zone.
The VPOC and TPOC in a 'b' shape profile typically align closely, as they did yesterday, with both being within 4 ticks of 5635. This level has become a crucial marker to watch. Holding above 5635 is key, and clearing the singles zone (5649 - 5655) is the next objective. Between 5662 and 5668, the highs of the previous three days are clustered, implying a substantial number of stops in this range. A sharp spike here could trigger a significant short-covering rally, propelling the market toward the large gap between 5673 and 5690. Successfully clearing this could push the price further to 5702.5.
On the flip side, if the price remains below 5635, the support zone around the weekly VPOC and Value Area Low (VAL) between 5625-5615, which held up yesterday, may not provide enough support this time. In such a scenario, sellers may intensify their efforts to capture buyers, potentially driving the price below 5615, then to 5601, and further down to 5584. A breach below 5584 would present a completely different narrative, suggesting a shift in market sentiment.
With NVIDIA's earnings results coming out tomorrow, we'll see if this bearish story unfolds or if the bulls manage to regain control. Stay tuned for the next chapter!
During the PD session, a triple distribution was noted, though one set of singles was filled during the formation of a 'b' shape profile, which featured a spike base at 5649βmarking the lower end of the singles zone.
The VPOC and TPOC in a 'b' shape profile typically align closely, as they did yesterday, with both being within 4 ticks of 5635. This level has become a crucial marker to watch. Holding above 5635 is key, and clearing the singles zone (5649 - 5655) is the next objective. Between 5662 and 5668, the highs of the previous three days are clustered, implying a substantial number of stops in this range. A sharp spike here could trigger a significant short-covering rally, propelling the market toward the large gap between 5673 and 5690. Successfully clearing this could push the price further to 5702.5.
On the flip side, if the price remains below 5635, the support zone around the weekly VPOC and Value Area Low (VAL) between 5625-5615, which held up yesterday, may not provide enough support this time. In such a scenario, sellers may intensify their efforts to capture buyers, potentially driving the price below 5615, then to 5601, and further down to 5584. A breach below 5584 would present a completely different narrative, suggesting a shift in market sentiment.
With NVIDIA's earnings results coming out tomorrow, we'll see if this bearish story unfolds or if the bulls manage to regain control. Stay tuned for the next chapter!
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All charts are saying one thing
I can come down anytime to Take all These Liquidityπ₯² π₯²
Mark it on your charts too,
Because jitna upr jayege ye utnaa girne ka possiblity is moreπ₯ π₯
I can come down anytime to Take all These Liquidity
Mark it on your charts too,
Because jitna upr jayege ye utnaa girne ka possiblity is more
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FTU CHART
In the PD ON session, we saw a 'P' shape profile, with the VPOC positioned near the highs, indicating strong buying and a robust distribution. This pattern set the tone for the RTH, where the A period successfully breached both the ON High and the PD high.β¦
If in ES we open below the PD low, then that will be gap down; and with supply above, the selling pressure could be relentless. We have tested 5614 and found bids at 5612.5. Will be interesting to see if price comes down below 5610 and then how the lows at 5602 - 5584 are defended.
FTU CHART
#Banknifty Gann cycle pycle numbers magic,π Do Read The Tag Message of this post 1st, There I Have talked about how 4th June could be a Deciding Day and we can see a Top or bottom from That day, The next major Gann Date for Top and Bottom is coming 30thβ¦
Major Gann Date for Top and Bottom is coming on 30th August π₯Ά
Last Date I shared for top and bottom was 30th July
Waaha se almost 5% ka crash dikhaa dia
Baalki wo toh Minor date thaπ€
Major waale Mai kyaa hone waala hai
Guess croww sabπ€©
Last Date I shared for top and bottom was 30th July
Waaha se almost 5% ka crash dikhaa dia
Baalki wo toh Minor date tha
Major waale Mai kyaa hone waala hai
Guess croww sab
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