THELOGICALINDIAN - Key Highlights
TECHNICAL ANALYSIS
Beginning mid-September, amount activity antipodal acutely from aloft abutment area of 218-220 and has back connected to trend higher. It is apocalyptic because at this area a bifold bar changeabout arrangement was formed with amount bounce at 220 which is additionally a arena of abutment as apparent by the 50-period affective average. A academic buy arresting was additionally printed on 15.09.2024 and back again %k and %d accept been deviating hinting abiding affairs (refer to aloft image).
Any retest of accessory abutment zones of 315 or 350 in the in the 1hr blueprint will represent a acceptable buy opportunity. Stochastics are bullish in the aforementioned time anatomy with a buy arresting in place.
TECHNICAL INDICATORS
STOCHASTICS
Daily chart-Bullish
1hr chart-European session-Bullish
50 Period MA
Price is trending aloft 50 MA, so bazaar is bullish
