A bullish day candle has formed in the last trading session despite a gap-down opening.
Consolidation will happen between 39500-39000 levels.
39500 is the key level above which a bullish market will exist. If it breaks this level it can move till 400000.
All indication represents a buying opportunity.
Very low chances are there to break level 39000 which will be a very strong support zone.
Green Path indicates levels for Bullish,
Orange Path indicates levels for consolidation,
Red Path indicates levels for bearish.
Consolidation will happen between 39500-39000 levels.
39500 is the key level above which a bullish market will exist. If it breaks this level it can move till 400000.
All indication represents a buying opportunity.
Very low chances are there to break level 39000 which will be a very strong support zone.
Green Path indicates levels for Bullish,
Orange Path indicates levels for consolidation,
Red Path indicates levels for bearish.