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Riskyman

Well-Known Member
#61
Here is IndusInd Bank spot daily chart. Faced resistance at 960 a few times.



Here is the Hourly of spot. Gone sideways and breaking trend line...



Max OI Ce side is at 960 and Max OI Pe side is at 900. So 960 seems a big resistance both in terms of past PA and considering the wall of CEs
 
#62
Here is IndusInd Bank spot daily chart. Faced resistance at 960 a few times.

Here is the Hourly of spot. Gone sideways and breaking trend line...

Max OI Ce side is at 960 and Max OI Pe side is at 900. So 960 seems a big resistance both in terms of past PA and considering the wall of CEs
Well, the time symmetry is not very good, but there could be a H&S, suggesting a 30 odd points dip, if comes true.

 

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