The 265 level will prove as a strong resistance - the breakout of which could lead the momentum towards 280 - 300 levels. 200 will be proving as a strong support. Thus, a buy can be initiated above 234 for a target of 265 - 280 keeping SL at 200.
Disclaimer: This is self observation, analysis and study. None of the trading calls published under this username should be construed as an offer to buy or sell any financial instruments. All comments and posts made herein are for information purposes only. Under no circumstances should any person make trading decisions based solely on the information discussed herein. It is informational in nature.
Disclaimer: This is self observation, analysis and study. None of the trading calls published under this username should be construed as an offer to buy or sell any financial instruments. All comments and posts made herein are for information purposes only. Under no circumstances should any person make trading decisions based solely on the information discussed herein. It is informational in nature.