The current trend is the resumption of down trend from 18887 on dec 1, 2022. This trend will continue till it reaches .236 levels (16210) of retracement ( from 7511-18887). Moreover this ongoing downtrend will be steep, consuming almost lesser time frames before the new uptrend emerges.
References:
1.wiz - leadbrains blog
References:
1.wiz - leadbrains blog
Trade active:
The channelling for ongoing trend is also done in the main article, which is used to track the progress of the same...!
Regards,
WDG Dinesh,
Director,
Leadbrains
WDG Dinesh,
Director,
Leadbrains
The tarde Duration will be around 1.5 ~ 2 months).