1. Lower channel bottom formation support seen around 180 level
2. possible consolidation level 185-200
3. last candle is doji candle possible trend reversal .
4. up trend or trend reversal can confirm after daily candle close above 212
5. stop loss can place bellow 180 level at 175
6. positional target 225-250-280 ( 1-2 month )
** THIS IDEA IS EDUCATIONAL PURPOSE ** trade at own risk !
** HAPPY TRADING. !
Comment
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As per this chart , positional buy should initiated only after 1 day candle close above 212 level . so that trend reversal upside will confirm , after buy initiated above 212 closing candle then stop loss can place at 175 and target 225-250-280 as positional trade. !!