SUPPORTS & RESISTANCE DRAWN AS INDICATED -DATA TAKEN FROM PAST 3 YRS , FIBONACCI USED JUST FOR MORE CONFIRMATION.
R1:- 1346/R2:-1020 & A STRONG SUPPORT AT 728 .
PLEASE NOTE MACD & RSI INDICATORS ARE BOTH SHOWING TREND WILL GO UP .ALSO BULLISH CANDLE HAS CROSSED VAWP WHICH AGAIN IS SHOWING IT WILL GO UP & WILL HIT RESISTANCE SOON.
I HAVE SEEN HERE CHARTS OF SHORT...
ON A MONTHLY CHARTS - SUPPORTS & RESISTANCE DRAWN AS STATED IN CHARTS & AS FOLLOWS:-
R1:- 1346/R2 :- 1020 & A VERY STRONG SUPPORT AT 728 ( TAKEN FROM 3 YEARS )
SUPPORTS & RESISTANCE WERE DRAWN FIRST & FIBONACCI IS JUST USED FOR MORE CONFIRMATION.
ALSO AS PER RSI & MACD INDICATOR TREND IS STILL GOING UP THOUGH IT WILL ENTER IN TO OVERBOUGHT CONDITION SOON AS SOON...
