Its time to go ling since the level has reached to VAL i.e. 70.70 by considering the market profile from Aug to Oct till date. No issues, even if this has broken the POC support. But now VAL is the major and strong support. Yes, time to go long.
sir could you please give some knowledge on VAL and your analysis detail pls.
kumar29navin29
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@econ_rizwan, would suggest you to do volume profile analysis, also use the fix range.
if you understand chart patterns, it would not be too difficult for you to understand the POC, VAL and VAH.
any issues, pls reply me back.
krishnasoundararaj
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Is this 30 minute chart? pls suggest for positional call sell or buy?
kumar29navin29
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@krishnasoundararaj, Since i do analysis based on the volume and times, hence it hardly matters either it is minute(s) chart or daily chart.
PS: volumes are getting increased on the buying side and its been trading near to its support. Don't see down from here. Just wait for few trading sessions.