NML Analysis
Closed at 131.93 (04-07-2025)
Making HH HL.
Breakout Done around 128 - 129
However Bearish Divergence on Daily
tf may bring some selling pressure.
Now 135 is the Resistance Level.
ABCD pattern is intact with initial Target
around 144 - 145 & then around 160 - 161.
It should not break 105 - 106 now.
Stance: Buy on Dips can be a Good Strategy.
Closed at 131.93 (04-07-2025)
Making HH HL.
Breakout Done around 128 - 129
However Bearish Divergence on Daily
tf may bring some selling pressure.
Now 135 is the Resistance Level.
ABCD pattern is intact with initial Target
around 144 - 145 & then around 160 - 161.
It should not break 105 - 106 now.
Stance: Buy on Dips can be a Good Strategy.
MM - House of Technicals
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
MM - House of Technicals
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.