Taking Support on Weekly and Daily trendline. With the possible target of 2100.
If the descending triangle breaks to the down. Target 1 is 0.5 fib level. It can go to 0.618 level with a wick. The long term trendline can act as a support.
Levels in the Chart
Sharing the Idea after long time, was busy with some personal work. In today's idea i am sharing two charts, Nifty daily and weekly chart. Have marked Demand and supply zones on chart. Every demand zone may provide the long opportunity and supply zone will give shorting opportunity. Once price closes above or below demand/supply zone they change the...