Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Thanks for explaining the concept.
But 262 should not be a target for investor ,its a short term target only which can be achieved within a month or evev early if its in phase of reversal ??
As i see ,in last 4-5 session it took resistence of 251-252 two times and came down few points so seeing this , i asked about other resistences in range of 252-262.