As we can see price taking support at 4400 levels & a morning start candle formation can be seen at that level. As the THIRD candle of the morning star is a big momentum candle we can expect a rally to the upside to the levels of 4980 and furthermore to 5250-
When to enter-
- Long term buyers can enter now. -But swing traders can wait till the price retraces the 4400 levels.
Stoploss- SL should be below support levels for both LONG & SWING Traders