Target 8405 based on fibonacci
Based on trendlines I have drawn few trendlines, Now
1) Stock movement will be within range of 5000 and 5500,
2) breakout may occur after 5450
3) consolidation at 5900-6000
4) Again big breakout may occur at 6000
5) Note: HH and HL are must in process.
1) Stock movement will be within range of 5000 and 5500,
2) breakout may occur after 5450
3) consolidation at 5900-6000
4) Again big breakout may occur at 6000
5) Note: HH and HL are must in process.
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