The trend line drawn has been a constant resistance since October 2021. The market has tried to break the resistance four times and has failed each time. If this time the resistance does not break that too with high volumes, we'll probably witness a fall again.
A fall till 174000 level could be seen and in worst case scenarios it could go down till 16815.
P.S.- Please feel free to correct me , I'm just a new trader sharing my views.
A fall till 174000 level could be seen and in worst case scenarios it could go down till 16815.
P.S.- Please feel free to correct me , I'm just a new trader sharing my views.
Trade closed: target reached