Long wicks Signs of rejection at lower levels Looking good Double bottom breakout might be possible Buy above 11560 if sustained more than 1hr TF Target 1 - 11650 Target 2 - 11750 Stop Loss - 11450 on Closing Basis
Seems like making a new trend line with rejections. If it closes above the hurdle, might give a good move with good R:R!
Channel exit resulted into rejections with volumes. Might go back to lower end of channel. Good short position can be created!!
One can see how the wicks are being formed around these zones
