Hello world This coin $Solidx has little data & is extremely overbought. Most TA gurus would say, here's a 'bull flag,' but I see a potential fake-out to the downside. I'm not spreading FUD, but your bullish price target if it gets back to ATH is $413, while your bearish price target is…
There is ascending triangle pattern breakout in #banknifty which is bullish signal but as #putcallratio has reached to 1.65 which is highly overbought. This is why I would prefer to avoid buying at higher level.
Intraday key levels of #nifty & #banknifty for 30th Apr.
- Range : 22470 ~ 22815 / 49050 ~ 49800
- PCR : N50 Neutral, BN Overbought
- VIX : Lower
- Global : +ve
POV : Buy on dips only with support 22500 DCB
#OptionsTrading #INTRADAY