ABBOTINDIA Views
This script as shown in the chart drawing, appears to be forming a support zone.
I have used following for the analysis purposes.
1.> Value area as per volume and delivery volume. (Delivery volume plot is hard to explain here)
2.> EMA 200
3.> Fixed ranged volume profile
Now the conclusion is pattern is suggesting a positivity in the price.
But, with due diligence, one should do his or her own analysis, and excuse me for my analysis.
I have tried to use indicators provided by trading view as per my understanding, but in reality, I don't use them, is my major disclaimer.
Excuse me for my analysis.
I have used following for the analysis purposes.
1.> Value area as per volume and delivery volume. (Delivery volume plot is hard to explain here)
2.> EMA 200
3.> Fixed ranged volume profile
Now the conclusion is pattern is suggesting a positivity in the price.
But, with due diligence, one should do his or her own analysis, and excuse me for my analysis.
I have tried to use indicators provided by trading view as per my understanding, but in reality, I don't use them, is my major disclaimer.
Excuse me for my analysis.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.