12037 Dual resistance at 26828
Updated
Reason for long
a) 26828 is strong resistance for oct month series
b) Too much bullishness and hence possibility of exhaustion candle touching 27000 very fast in next 15 days
c) 2024 target of nifty already achieved
d) Next 3 months, Nifty may try for 27500, if corporate results of major giants are good in oct and nov month
a) 26828 is strong resistance for oct month series
b) Too much bullishness and hence possibility of exhaustion candle touching 27000 very fast in next 15 days
c) 2024 target of nifty already achieved
d) Next 3 months, Nifty may try for 27500, if corporate results of major giants are good in oct and nov month
Trade closed: target reached
T1
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