Standing at 2 years support.
Previously it has taken support 3 times at this levels within 2 years
Aggressive Investor/Trader Can Long from 215 levels with 205 as Stop Loss
Target 1 = 0.236 Retracement (shown on chart)
Target 2 = 0.382 Retracement (shown on chart)
Conservative Investor/Trader Can Long after a candle Closes Above Red line = 235 with 225 Stop loss
Target = 0.382 Retracement of Fibonacci (shown on chart)
Nse data shows Delivery is high which means Investor are accepting delivery
% of Deliverable Quantity to Traded Quantity 62.47 %
Previously it has taken support 3 times at this levels within 2 years
Aggressive Investor/Trader Can Long from 215 levels with 205 as Stop Loss
Target 1 = 0.236 Retracement (shown on chart)
Target 2 = 0.382 Retracement (shown on chart)
Conservative Investor/Trader Can Long after a candle Closes Above Red line = 235 with 225 Stop loss
Target = 0.382 Retracement of Fibonacci (shown on chart)
Nse data shows Delivery is high which means Investor are accepting delivery
% of Deliverable Quantity to Traded Quantity 62.47 %
Comment:
half target reached