This breakout is possible because of ceasefire possibility & crude price fall.
25,230 if breaks we enter bullish territory.
As per 15 mins chart 25070 could have acted as resistance. Next is 25,222.
After 25070 crosses, as gapup (high probability) 25,222 is possible.
We need to see how candles are forming.
If each candle making only making only higher close than previous we need stay in trade.
Also today there is SENSEX expiry.
So.. need be aware of it.
25,230 if breaks we enter bullish territory.
As per 15 mins chart 25070 could have acted as resistance. Next is 25,222.
After 25070 crosses, as gapup (high probability) 25,222 is possible.
We need to see how candles are forming.
If each candle making only making only higher close than previous we need stay in trade.
Also today there is SENSEX expiry.
So.. need be aware of it.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.