Though Bullish on All Time Frames, Bearish Divergence on Monthly TF + Double Bottom around 57 - 58 are favoring Bears However, Bullish Momentum will Only be Continued if 58 - 59 is Sustained
Strong Support is around 4.60 - 5 Closing above this level would be a positive sign
Entry can be taken with a Stoploss of 137 on Closing basis However, Closing above 139.60 - 140 is a Positive Sign 144 is a Very Strong Resistance Risk Averse Players may wait to Cross & Sustain 144; Next Important Resistance is around 147
May Take Support around 216 - 217 However, Bearish Divergence on Weekly TF weakens its Entry here Those who Understand Technical Moves, please note that, Initially 224 - 225 should be Crossed & Sustained for Immediate Target around 234 - 235 Stoploss should be 198 on Closing basis
However, Closing above 19 can be a positive sign 19.40 - 19.50 is the Initial Resistance Sustaining this level will lead it to 21 - 22. Next Strong Resistance will be around 24 - 25
though Not Yet Bullish but Bullish Divergence on Daily TF a perfect 23.60% Support around 12.50 Double Bottom formation is expected at same level around 12.40 - 12.50
Bullish on Weekly as well as Monthly TF However, Bearish Divergence is also observed on Weekly TF
11.40 - 13.40 is an Important Support Zone also Golden Pocket of recent rally No Bearish Divergence on Bigger TF yet However, one bearish Weekly candle may create a Bearish Divergence
Plan1 Buy1 around 81.50 - 82.55 Buy2 around 77 - 78 TP1 around 88 TP2 around 90 Stoploss 73 (Closing basis) Plan2 Buy Above 89 Sell around 93 - 95 then 100 Stoploss 83.50 (Closing Basis)
Multiple Patterns are observed on Different Time Frames However, Bullish on All Time Frames Initial Resistance is around 2853 - 2860 Cup & Handle Pattern Targets around 3120 ; also the Channel Top Monthly ABCD Pattern Targets around 3572 - 3575
Monthly Support is around 523 - 530 Immediate Resistance is around 556 - 560 Crossing 560 will lead it to 575 & then around 620 - 630
If 36 - 36.50 is Sustained on Weekly Basis, we may witness further Upside Around 39.50 - 40 is the initial resistance then Crossing & Sustaining 42 - 43, may lead it towards 45 - 46 (Near Double Top) There we would see if Bearish Divergences will be formed, we will book our Profits
H&S Pattern observed Crossing 13.50 will lead it towards 14.18 initially then 15 - 15.45 Stoploss must be 12.90 (on closing basis) in this case
Crossing 179 will lead it towards 200+ then 250 149 is a Very Strong Support that should be Sustained on Monthly Basis However, 155 then 140 - 141 may act as Weekly Supports
Made Double Bottom on Daily Basis around 345 Tweezer Bottom on Daily TF 50% fib level tested on Weekly basis 352 - 353 is a Very Important Support level that should be Sustained on Monthly Basis
ABCD pattern will be in play once 113 is Crossed & Sustained Cup & Handle Pattern will be in play once 99 is Crossed & Sustained However, Sustaining 93 on Weekly basis would be a positive sign
Making HH HL on Weekly TF Good Support around 57 - 58 then 49 -50 Immediate Resistance 63.80 - 64 Crossing 71 - 72, may lead it to 80
However, Immediate Resistance around 24 - 25 If 15.50 is Sustained on Monthly Basis, we may witness further Upside Good Support Levels are around 20.60; 18.50 then 15.50