The positive pointers to go long:-
CRISIL has made a pullback to 0.236 fib levels, matching the price action support levels at 1900.
The RSI has made an breakout, the price may follow it ( once the declining trendline is broken).
The price is at the upward sloping trendline.
Aggressive trade is to go Long at current levels. Conservative trade is to wait for a...
Philip carbon is giving two trade possibilities as it is the mid zone of resistance and support.
A pullback around 150 is a good zone for pullback entry. And a break above 180 is good for long as well.
Using the fib extension analysis - it makes sense to wait for the pullback as the breakout zone (180) is close to 1.6 fib ext levels (which can be used as...