Current Moving Average Spread As On 13/09/2024 20 Ema = 935 = Immediate trend 60 Ema = 958 = Short term trend 200 Ema = 926 = long term trend
Price action on 13/09/2024 (Friday) Open = 936 = 20 Ema High = 957 = 60 Ema = Resistance Low = 935 = 20 Ema = Support Close = 936 = Near 200 ema / Support & Breakdown area
Candlestick = Formed Gravestone Doji
Trade Set-up : 1 Short , Once goes below 200 ema & second level of breakdown when goes below support zone of 915 which also means its breakdown of consolidation
2 Keep 20 ema as stoploss & trail, target one is previous days high or 60 Ema. More bullish when crosses Gravestone Doji's high.