At previous analysis, we have 5250 as our bullish confirmation level, and if it break up we have bullish projection at 6600.
This level become very important because its fibonacci resistance.
Decline from this point will bring bad result.
Anticipating pullback, we have 3 support level :
Support 1 at 3950, this level are channel up support + Fibonacci support
Support 2 at 3100, this level are previous support level
Support 3 at 1800, this level from fibonacci projection and also previous support level
Note : bullish will continue only if 5250 breakup
This level become very important because its fibonacci resistance.
Decline from this point will bring bad result.
Anticipating pullback, we have 3 support level :
Support 1 at 3950, this level are channel up support + Fibonacci support
Support 2 at 3100, this level are previous support level
Support 3 at 1800, this level from fibonacci projection and also previous support level
Note : bullish will continue only if 5250 breakup
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