𝘏𝘦𝘢𝘥 𝘢𝘯𝘥 𝘴𝘩𝘰𝘶𝘭𝘥𝘦𝘳 𝘣𝘳𝘦𝘢𝘬𝘥𝘰𝘸𝘯 on 18 Jan took the index from 13000 to 12000.
But did not breach swing low i.e. 12000.
Now, it is set to give 𝘪𝘯𝘷𝘦𝘳𝘴𝘦 𝘩𝘦𝘢𝘥 𝘢𝘯𝘥 𝘴𝘩𝘰𝘶𝘭𝘥𝘦𝘳 𝘣𝘳𝘦𝘢𝘬𝘰𝘶𝘵.
RSI is looking 𝘣𝘶𝘭𝘭𝘪𝘴𝘩 too.
𝗘𝘅𝗽𝗲𝗰𝘁𝗮𝘁𝗶𝗼𝗻: ATH, 13900
𝗦𝘂𝗽𝗽𝗼𝗿𝘁: 12650, 12000
The stock has come up very strong after touching 125 level.
Now, 200ema is at 132 which will act as another support apart from swing low (125).
Low volume pullbacks are observed recently.
Target: 160, 180
The stock is in uptrend and has given breakout in daily timeframe and also sustaining above it.
Volume action has also been seen in recent weeks.
Retest level: 410-420
Buy on dips.
Target: 655, 720