Will today's bounce sustain

Mar 15, 2023

We feel that the bounce which may start with today's gap up might sustain because:-

1. Price has reached very close to the important support zone of 16730-16980

2. Trendline support of the expanding triangle is also near by

3. RSI Divergence if materializes if green close happens today

4. EW structure looks complete - only condition is a green close

If the bounce sustains for short term, we will be keenly watching price behaviour near the blue zones marked.

Good Days Ahead!

Apr 11, 2023

Note

First target zone reached

Cheers!

Time to trim positions

Apr 28, 2023

Note

Second Target zone achieved...

We will be closing our trade around 18050-18100 as the move is now looking overheated...

Cheers!