๐จ This Put Option Is Hinting at a Strong Move Tomorrow... ๐๐
The chart is showing an interesting setup:
โ High volume at the base
โ Buyers slowly stepping in after the sell-off
โ Risk : Reward looks highly favorable
I'm keeping this stock on my radar for tomorrow. ๐ฏ
๐ Repost & โค๏ธ Like this post to reveal the stock option name #FibTraderR #Nifty
@Anirbban Silver entered the gap and is about to close the gap. New price action here is likely to buildup. We can either get a breakout game or a reversal game. If tou analyse the trend here, what do you see at the moment?
@nsamraj9@camangalarvind Similarly, I see Silver making new highs or at least reclaiming the previous high, but I feel it may spend some time before showing a good move. Looks like a falling wedge is in making and Silver seems to be in last stages of that consolidation. So brace up!!
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@Anirbban Dada does the data read a short term relief here? Technicals suggests that the current breakdown maybe a trap for late sellers.
RSI on bigger timeframes looking oversold with smaller timeframes looking positively divergent to me.
Have been studying this today.