Sell near 2206 60 MINS 50 EMA @ 2200 + Resistance zone + Resistance from trendline. SELL IF THE ZONE IS broken with selling volume.
If 2260 is broken with volume, we will see some upside.
The Indicator Used: 1) Support/Resistance Levels are marked on the charts along with the parallel channel in the higher timeframe. 2) Valuation band KEYS: Red Faded Cloud: Over Valuation. Grey Faded Cloud: Proper Valuation. Green Faded Cloud: Under Valuation.
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