M & M Positional View !!M&M : cmp : 1072.5
A inverse H & S kind of pattern had been formed in daily chart and BO done
near 940-960 level. After that made a high of 1062 level and retraced upto BO level.
Now trading near the breakout zone of 1070-1080 . If it surpasses and sustains
above the level a buying movement could be possible in the near term.
Closed above prvious high.
RSI & MFI trending up.
Buy on dips.
Accumulation zone : 1000-1040
Profit booking zone may be : 1120 - 1200
SL According to your risk appetite.
Positionally can move 1260+
July Future / July 1100CE can be look after.
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally