Description
⋅ *High High- 1917.14
High Low- 1757.17
*200 EMA above 50 EMA indicating bear market
*Tweezer Bottom in view
*Inverse Head & Shoulder
*3 Falling Method (receding candle formed a gravestone doji)
*Price rejection at the neckline
*Strong Support ( Resistance Turn Support) if price is held at support zone then a retest is expected
*Market closed and price is at 0.236 Fib. level (possibly a sell entry)
*Dip to buy at @ 1725.31(possibly a buy entry)
*Target @ 1829.91
* Set STOP LOSS with respect to proper risk management
* TAKE PROFIT 1 @ 1788.12