now price at 3.5 yr old trendline from major breakout.. quite probable that we see a repeat of what happened in aug'18! next 2-3 weeks very crucial and decisive price action for the motabhai and nifty as well..
Also macd at 96.extremely overbought, one more week of gains and this will cross 100!
although pure price action seems very bullish as of now.time to stay on the sidelines and wait for confirmation of reversal or if it does breakout,then probably another 12-15% from here.. around 1950-2000..
Also macd at 96.extremely overbought, one more week of gains and this will cross 100!
although pure price action seems very bullish as of now.time to stay on the sidelines and wait for confirmation of reversal or if it does breakout,then probably another 12-15% from here.. around 1950-2000..
Trade closed: target reached:
2000 and higher now