MCXBULLDEX is currently trading at 17350 which is a long term resistance zone (17300-17700) for it.
I'm expecting a profit booking in MCXBULLDEX from these level.
I'm creating short positions at CMP 17350 & will be adding more short positions if 17650-17700 comes & Hold with 18000 as SL.
I'm expecting minimum 1000 point fall from here & expecting 16400-16200...
Long MCXBUILDEX
Target - upper trendline
SL- below support zone
Why?
Candle is trading above small support zone
wedge breakout
How I see 200 EMA ?
Unknown bullish trade + (200 trades) > Unknown bearish trade
