If Close Above 110 sustained, Can go High
Described in chart
1256-1266 0.382 level.
Make or Break Point
Wait and Enter
Clear cut pattern confirmation.
Nifty rally above 10952.
Go long on this. As several indicators confirms the breakout.
Day chart, Breakout in Ambuja.
Ranging with lower lows in 1 hour time frame.
Intraday can be done for shorting at higher place.
The chart entry is late, but look at how far it has come.
Fibonacci says, It broken the ratio level.
Will see where it goes.
A clear cut breakout happened.
Now the resistance line has been broken hard and the support stands there.
Can go Long because of the confirmation.
In the One hour chart, We can clearly see the pattern it is making.
Now near the breakout point. Either it should break and go up or down.
Whichever, that will be huge.
As the day charts says, the TCS is near its resistance zone level.
And the demand is getting rejected.
Positional Sell can be made here.