buying can be done with stop loss at 18000/ 5400 lvls or break of trend line.
in current situation technically 2 options r there.
bullish : we have completed correction of last upmove from 15960 to 21109 at today's low at 18038 and we r on last leg of this upmove which can take us to new high above 21k.
bearish : we have completed up move started from 8k at 21 k and we r on down move with target around 15k/16k
further moves in coming days may clear exact path.
buying can be done with stop loss at 18000/ 5400 lvls or break of trend line.
ReplyDeletein current situation technically 2 options r there.
bullish : we have completed correction of last upmove from 15960 to 21109 at today's low at 18038 and we r on last leg of this upmove which can take us to new high above 21k.
bearish : we have completed up move started from 8k at 21 k and we r on down move with target around 15k/16k
further moves in coming days may clear exact path.