Currently Gold is in a reversal trend from Bullish to bearish. above marked top supply zone can be a good level to short by following proper stop loss and money management.
From this Top, we may return to 2310-1320 levels.
ITC is making higher highs and making Ascending triangle, if it retest upper supply zone we can make entry.!
ENTRY- 267
SL- 245
TARGET - 287, 308.
Addon dips till 255 level.
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NIFTY IS LOOKING VERY BULLISH IF SUSTAINS ABOVE 18020 LEVELS, If it sustains for 45 Minutes, we can go long for a good Bullish rally in upcoming week. Also, One can enter an Intra-day trade as it is forming a INVERTED HEAD & SHOULDERS pattern on 15 Min time frame. Entry - 17797 SL- 17745 & target - 17926.
Also if Nifty breaks our Intraday level, we can see a...