Daily Chart
Support taken just below the 23.6% retracement level of rise from 1174-1235 and closed at a new high since the March lows.Failure to cross the high of 1235 could lead to bearish implications from the rising wedge shown on the chart, which can be avoided if trades above 1228.
Supports at 1220-1211-1204. Resistance at 1235.
Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
No comments:
Post a Comment