GULSHAN POLY: Expecting strong bounce
⚡️Price Analysis:
1️⃣ Approaching major support level with heavy volume interest
2️⃣ Multiple tests of demand zone showing strong accumulation
3️⃣ EMAs aligned bearishly - indicating selling momentum
4️⃣ Historical support zone coinciding with current levels.
✨ Key Observations:
➡️ Strong demand zone providing multiple bounces
➡️ Trendline break can trigger further continuation for trend reversal
➡️ Multiple timeframe support convergence at current zone.
➡️ RRR looks favorable with 1:3RRR
⚠️ 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.⚠️
💬 Comment down your thoughts below ✌️
🔥 Happy Trading!✅🚀
1️⃣ Approaching major support level with heavy volume interest
2️⃣ Multiple tests of demand zone showing strong accumulation
3️⃣ EMAs aligned bearishly - indicating selling momentum
4️⃣ Historical support zone coinciding with current levels.
✨ Key Observations:
➡️ Strong demand zone providing multiple bounces
➡️ Trendline break can trigger further continuation for trend reversal
➡️ Multiple timeframe support convergence at current zone.
➡️ RRR looks favorable with 1:3RRR
⚠️ 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.⚠️
💬 Comment down your thoughts below ✌️
🔥 Happy Trading!✅🚀
Anubrata Ray ⚡
Anubrata Ray ⚡
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