How to Interpret levels in trendline and Horizontal resistance. How to draw correct horizontal line from hidden levels.
It continues to take support on any dip near its Kijun (Ichimoku Analysis) support regularly making higher highs and higher lows. This time too its attempting a resumption of trend which might take it to 1475 / 1525 if it manages to hold above 1375 on hourly basis. Ichimoku is a Japanese study based on Moving Averages wherein the alignment of certain specific ones...
The WEEKLY time frame has activated a Bearish Harmonic Shark. If it sustains below 1250 then it could retest 1200 and below that 1075. View would negate above 1270
more upside will be there..keep adding small quantities
Chart saying 1st target would be 965, 1020
Took support and moving up....
Long Above 1420 Target 1430 & 1440 Sl - 1409