The congestion region that had foiled multiple upside attempts all through last week

15/11/2021 9:48:01 AM | Source: Geojit Financial Services Ltd

The congestion region that had foiled multiple upside attempts all through last week - Geojit Financial

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By Friday, our bullish conviction had become strong enough to recommend longs without waiting for a break of 18070, the congestion region that had foiled multiple upside attempts all through last week. Ideally this move holds potential for a 1000 point upmove, with the first pause expected in the 18240-440 region, when the bears are expected to regroup. Until this region is, 18000 shall be the downside marker.

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The congestion region that had foiled multiple upside attempts all through last week - Geojit Financial

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