Price tested the important support/resistance zone 23200 - 23300 and closed below it today. In January, price tested this zone for many days before deciding the direction. I am expecting the price will try to move above the zone. If it sustains above 22300, we can expect some relief rally. If price stays below 23200 zone, then we can expect the move towards 23000 and then to 22800. We have triple bottom support at 22800 zone.
Always do your own analysis before taking any trade.
Always do your own analysis before taking any trade.
Note
Testing the zone. 1, 2, 3.... 
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Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie Contact information : tradingplan4u@gmail.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.