This is a longterm analysis which is on the basis of the harmonic study.
As per this study, 14750 will be the strongest resistance as of now.
The parallel channel is showing the dynamic resistance of the index.
As per the pattern, it has clearly shown the Price reversal Zone will be near 7250. All the stats are as per the EOD basis.
In another way, this chart is the prediction of the upcoming economic situations in the global and India economy.
We can track the present scenario and understand the movement. Request you all to comment on the discussion...
As per this study, 14750 will be the strongest resistance as of now.
The parallel channel is showing the dynamic resistance of the index.
As per the pattern, it has clearly shown the Price reversal Zone will be near 7250. All the stats are as per the EOD basis.
In another way, this chart is the prediction of the upcoming economic situations in the global and India economy.
We can track the present scenario and understand the movement. Request you all to comment on the discussion...
Trade closed manually:
Resistance Broken 14753
