Bullish on Weekly as well as Monthly TF Crossing 179 will lead it towards 200+ then 250 149 is a Very Strong Support that should be Sustained on Monthly Basis However, 155 then 140 - 141 may act as Weekly Supports
Important Point as shared on 21-04-2024 is Still Valid. however, breaking 4.60 will expose 4 - 4.10
Series of HH HL on Weekly TF Bullish Flag Pattern seems in play
Plan1 If 139 is Sustained, Entry can be taken then, Otherwise Buy around 134.55 - 136 Sell around 140 then 143 Stoploss 129 (Closing basis) Buy above 156 Sell around 165 if 170 is Sustained, Next TP would be around 180 -185 Stoploss 150 (Closing basis)
Though Still in Downtrend but Bullish Divergence on Daily TF. Seems like taking Support from 17.14 which is 78.60% fib. retracement level. Entry can be taken at CMP with a Stoploss of 17 (on closing basis) targeting 18.50 - 19 initially which is again 61.8% fib level.
To Continue the Bullish Trend, it should cross & sustained 36.10; the target would then be around 44 - 45. Recently, it made a LL on Daily TF. Now 32.60 - 33 should be Sustained, otherwise the price will move further down towards 29.80
Currently, it is in Golden Pocket and if it takes Support from this level, we may expect Good Gains. It should Not Break 85 on Monthly Basis (monthly support level). Breaking this level will expose 63 & then 55 in bit longer term. However there is a Bullish Divergence on Daily TF & we may expect reversal from around 86 -87. Initial hurdles can be 92 - 93 & if 97...
Bullish Divergence on Hourly, Daily as well as Weekly TF. Entry can be taken around 31 - 31.70 with a Stoploss of 29 on Closing basis. Immediate Targets can be 34 - 35 However, it would be More Bullish & will be in Uptrend once it croses 35 - 36
114.50 - 115.50 is an Important Resistance that should be Sustained for Upside Move. On the flip side, Good Support levels are 108 - 110 and then 96 - 98. However, Risky Players may take at Risk at CMP (109.80 - 110 should be Sustained on Weekly basis). Stoploss in this case should be around 95 (on closing basis)
30.80 - 31.80 is an Important Support that should be respected for Upside Move. Next Support is around 28.60 - 28.80 Immediate resistance lies around 33.50 - 34 and if 39 is Sustained, we may wintess 45
Important point is that it has broken the Previous HL thus giving a Signal of Trend Reversal on Daily Basis. However, Two Important Support levels Support1 around 222 - 223 Support2 around 211 - 213 targeting around 230 - 235 initially. On the flip side, if 235 is Sustained on Weekly basis, it may continue its Uptrend with Initial Resistance around 258 - 260
Bullish Divergence on Daily TF. 125 is an Important level that should be sustained on Weekly basis. From 126 to 130 - 133 can be a Swing Trade Setup with a Stoploss of 125.
Bullish Divergence on Weekly as well as Monthly TF. Bullish on Daily as well as Weekly TF. Fresh Entry can be taken with a Stoploss of 7.90 (on closing basis). Targets can be around 9.90 - 10 and then 11
22 - 24 is an Important level that should be sustained don Weekly basis. If 22 is broken, we may see a Trend Reversal. On the flip side, if 24 - 24.40 is Sustained, we may witness 26 initially.
However, if 655 is broken, we may witness 600 then 575. On the flip side, important to break 765 to Hit 785 and if 785 is Crossed, we may see trend continuation.
but yet Bullish on Bigger Time Frames. Important Support Levels seem to be around 262 on Weekly basis. However, 274 can be another immediate Support. On the flip side, 334 is a Strong Resistance.
Bullish on All Time Frames. 669 - 670 is an Important Level to Sustain. If Sustained this level, we may witness 780 - 815 On the flip side, 557 - 560 is Important Support Zone.
Good Buy seems to be around 77 - 78. Lets See how the Bearish Divergences Play..!