refer chart for levels
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Tested Neckline of H&S Pattern in Last 3-4 days. Trend REV > @ 714.10 (By Closing) Best Long: @ 698.70 - 695 WEEKLY (Positional): @ 731 - 734.50 - 738.6 - 752.50 - 767.80+ Rest Mentioned & Plotted & mentioned on Chart. Education Purpose Only. If useful Like & Share.
ONE MORE IN SERIES OF BUMP & RUN REVERSAL PATTERN.
Retrenchment over Gap filled Hidden Bullish Divergence A weekly positive close may lead to new high.
on daily time frame, but still adhere to strict stop, there will be demand again near 600 if it gets weak
Weekly chart Long upward channel breakout Multiple resistance breakout. Powerful bullish pattern. Target 785 plus Stop should be at 550.
Any drop is buy till 500 for Target of 615+ Regards
as per fibonacci ratio has retraced 61.8% will pull back again to 570 range so gud time to buy at 535 range
as we can see a couple of doji there and this means greater indecision there and a strong move to the downside there and price below 8 ema
