Intra day Trading Range 223 - 217 for 05/05/2021 Intra Day Resistance (1) 219.60 for 05/05/2021 Intraday Resistance (2) 220.40 for 05/05/2021 Intra day Support (1) 218.90 for 05/05/2021
Price as discussed ( check related ideas) took support from the trend line and reached the resistance level 2.800 once again, expecting the price consolidate here and break this resistance levels to reach 2.900 levels which is the actual target for this pattern -> Flat top falling bottom.
Looking into higher time frames it is cleat that Price formed Flat Top and falling bottom pattern and currently it is moving towards the resistance levels that is the Flat top 2.900 levels. At present price is forming a triangle pattern and it is rejecting and taking support exactly on the lines. Wait for the price to reach the trend line and get into the...