📊 Long term view on IBULHSGFIN 📊

IBULHSGFIN


🔴Price holding at the Demand Zone for a long time.

🔴Right now three consecutive consolidation candles are formed at the demand zone and above the Diagonal support line.

🔴So far price has been responding to all the diagonal support and resistances.

🔴We can buy at the demand zone while consolidation happens or we can wait till break out happens.

🔴If the current demand zone is engulfed, we can see some bearish move till the next demand zone which I have mentioned in the chart.


🔴 DISCLAIMER : This is just for educational purpose. Do your own analysis.🔴