1. Bounced off 2 day demand zone 2. Closed just above 200 MA 3. Sitting at 0.5 Fibonacci level 4. Potential formation of Inverse Head and Shoulders pattern 5. Psychological level of 1500
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers! Rajat Kumar Singh (johntradingwick) NSE Certified Technical & Fundamental Analyst