It has formed a rising wedge.
Selling volume is increasing.
Also it is trading at all time high
and buying volume is decreasing according to
weekly chart.
so it should retrace a bit...
Levels mentioned...
Short Below 1683, SL1690,
target 1672/1665
long above 1695, SL 1686
target 1707/1712/1718
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*
Selling volume is increasing.
Also it is trading at all time high
and buying volume is decreasing according to
weekly chart.
so it should retrace a bit...
Levels mentioned...
Short Below 1683, SL1690,
target 1672/1665
long above 1695, SL 1686
target 1707/1712/1718
***************************
*