Trendline as well as resistance breakout with good support of volume.
Long term trendline breakout. Further confirmation above 100.
Analysis based on Elliott wave. There is a possibility that we might have completed wave B and coming down for wave C.
Analysis based on Elliott wave theory. Looking like a complex correction to me. All other information on chart.
Analysis based and Elliott wave, and looks to be a complex WXY XZ correction. The internal structure of such a pattern is very difficult to identify. But the current bounce is looking very weak and there is possibility of one more leg down.
After absorbing the selling pressure, now can go up.
Previous long time frame resistance level acting as support.
Previous resistance levels should act as support now.
Can move towards 700 level from the two strong important support zones.
In a correction for some time, buy at the support level or above the given level.
Good correction after initial uptrend. Now giving another breakout.
Completed 61.8 retracement, same as NIFTY. In this case also near the previous resistance which will now act as support.
Completed the 61.8% today. Now the trend should continue.