Market Outlook
Support Zone: 24,550 – 24,400
Resistance Levels: 24,750 – 24,790 and 24,960 – 24,990
A falling wedge pattern is currently forming just above the support zone. The key level to watch is 24,590, as a sweep of this low appears likely. However, before a potential breakdown, price may first retest the immediate resistance area and face rejection, leading back toward the support zone.
Support Zone: 24,550 – 24,400
Resistance Levels: 24,750 – 24,790 and 24,960 – 24,990
A falling wedge pattern is currently forming just above the support zone. The key level to watch is 24,590, as a sweep of this low appears likely. However, before a potential breakdown, price may first retest the immediate resistance area and face rejection, leading back toward the support zone.
Note
as per the pattern price claimed the resistance and consolidating above resistance chance of down support area is open also upside upto 2nd resistance is open 
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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.