18100 to 18250 is a deciding zone. If there is a good resistance ~18200 and we can go short for 17750 as the 1st target.
From 19-Oct high to 25-Oct low we did a 50% retracement
From 27-Oct high to 29-Oct low we did a 50% retracement
From 19-Oct high to 29-Oct low we are about to complete a 50% or 61.8% retracement and may fill the gap around 18200. Close below 18200 may push the price to 17533 which is 128% retracement mark.
From 19-Oct high to 25-Oct low we did a 50% retracement
From 27-Oct high to 29-Oct low we did a 50% retracement
From 19-Oct high to 29-Oct low we are about to complete a 50% or 61.8% retracement and may fill the gap around 18200. Close below 18200 may push the price to 17533 which is 128% retracement mark.
Comment:
expecting downfall till 17200
