The price opened gap up today, above the crucial resistance zone at 23150 zone which shows bullish strength. As per the daily chart, nearby resistance is at the 23560 - 23620 zone. 23500 zone is a psychological level. Unless the price has bullish strength, crossing this resistance will be choppy and range-bound.
Buy above 23420 with a stop-loss of 23360 for the targets 23460, 23520, 23560 and 23600.
Sell below 23260 with a stop-loss of 23320 for the targets 23200, 23140, 23080 and 23020.
The expected expiry day range is 23200 to 23600.
Always do your analysis before taking any trade.
Buy above 23420 with a stop-loss of 23360 for the targets 23460, 23520, 23560 and 23600.
Sell below 23260 with a stop-loss of 23320 for the targets 23200, 23140, 23080 and 23020.
The expected expiry day range is 23200 to 23600.
Always do your analysis before taking any trade.
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie Contact information : tradingplan4u@gmail.com
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.
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie Contact information : tradingplan4u@gmail.com
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.