Finance With Palak (Stock Market)📈
Finance With Palak (Stock Market)📈
February 21, 2025 at 04:47 AM
"Technical Analysis Insight: 23000 Put 📊 In my premium group, we analyzed the 23000 put option using price action and technical analysis. Here's what we found: 🔍 *Price Action:* The price has been respecting the resistance level of 23000, indicating a strong supply zone. 📊 *RSI Indicator:* The Relative Strength Index (RSI) is indicating oversold conditions, with a reading of 30. This suggests that the price may be due for a bounce or reversal. 🔥 *Trade Idea:* Based on our analysis, we identified a potential trading opportunity in the 23000 put option. Our premium group members were alerted to this trade idea, and we're excited to see how it plays out! 📈 *Key Takeaway:* This trade idea highlights the importance of combining price action and technical indicators to identify potential trading opportunities. Stay tuned for more technical analysis insights and trade ideas! 👍 #technicalanalysis #priceaction #options trading"

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