It is been observed on the Daily and weekly chart that the price action is trending up and now forming a ascending triangle on weekly and daily chart indicating buyers control over price action.
Short term: (2-5 Days)
Mid-term (1-2 weeks)
Absolutely No Idea what I should write in description, if you ask I can answer thats it :)
Got one point , its 9000 shares per Lot, So better take care of it & its very Risky to have that exposure !
Happy Trading !
The price action on hourly charts indicates that there is high selling pressure that has broken out from preceding diagonal pattern. It simply indicates weakness and dominance of sellers.
Target 1: 1668 (i.e. Fibs retracement levels of 0.382)