Yesterday, the market tried to break the key level of 350 and sustain above 250. However, it failed to hold these levels. The trade began at 600, aiming for a target of 23017. If the market breaks and holds the level of 23017, levels highlighted in the chart can be expected. downside levels to watch is 23940-920. If a bullish candlestick pattern forms...
An M-pattern has formed near 24,150, with a pending target of 440. The market attempted to break 23,777 and hold above 720 but failed. If it breaks 680, targets are 650 and 540, with potential for 350 if negative sentiment persists. If it breaks 800, the target is 850. Disclaimer: This is for informational purposes only, not financial advice. Trade at...
This is what I have marked on the daily chart, and the market tends to follow it most of the time. Disclaimer: This analysis is for informational purposes only and not financial advice. Trade at your own risk.
Stop-losses are placed near the levels of 23,500 and 24,200. The market is currently not ready to break the 23,500 level. The levels of 23,500 and 23,700 have become significant, with the market trading in a range between 23,700 and 23,500. For now, the levels of 23,550, 23,650, and 23,750 should be monitored closely. Today, the market closed above the...