📈 Pre-open MTF #PriceAction Analysis by #KRMG (24 Aug)
👉 Stock 2 - #JUBLFOOD
👉 Sector -FMCG
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has shown good strength in Upward direction and after trading to its ALL TIME HIGH Level now it is getting rejection from Higher side
It has continued good Lower High pattern as per 15- Min timeframe and also yesterday after opening Sellers become dominant on the Buyers throughout the day
Now it has space till 3680 Level where it may start reversing to its original Uptrend
🎯 Coming to sectoral pattern - #NiftyFMCG after giving strong Uptrend it is now trading to its ALL TIME HIGH Level
#KRMGPriceAction
#LearnWithKRMG
👉 Sector -FMCG
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has shown good strength in Upward direction and after trading to its ALL TIME HIGH Level now it is getting rejection from Higher side
It has continued good Lower High pattern as per 15- Min timeframe and also yesterday after opening Sellers become dominant on the Buyers throughout the day
Now it has space till 3680 Level where it may start reversing to its original Uptrend
🎯 Coming to sectoral pattern - #NiftyFMCG after giving strong Uptrend it is now trading to its ALL TIME HIGH Level
#KRMGPriceAction
#LearnWithKRMG