21800 short term resistance

Jan 8

dear traders
as we can see mkt is consolidating in a channel
where 21800 is short term resistance
and assuming channels bottom is a support

so take take your trade accordingly

but in a 4 to 6 month perspective mkt still in a greatest bull rally

Jan 8

Note

any two hourly continuous closing above 21800 is again a fresh buying setup

Jan 8

Note

i am not a Certified registered analysist
this is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade

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any related query allow me to answer

if this idea is use full
like and share also follow and comment your thought about this analysisam not a Certified registered analysist
this is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade

------------------------------------------------------

any related query allow me to answer

if this idea is use full
like and share also follow and comment your thought about this analysis

Jan 9

Note

again today mkt confirms that 21800 is a clear resistance

Jan 10

Note

price tested channels bottom line with 100% accuracy

Jan 10

Note

200 point profit from my channel lower line

Jan 12

Note

450 point profit from my channels lower line

Jan 14

Note

as market stable above all time high and also above resistance so upper level 22200 is visible for now

Jan 15

Note

650 point profit running

Jan 15

Note

from lower channel line