Currently at Rectangular Channel Bottom. Few Green Candles at Current level may bounce the price but 254 - 257 is a Resistance area that needs to be Crossed & Sustain. Next Important Resistance level is around 288 - 290. However, if the Current Level is broken, we may see further selling pressure & it may touch 240 & then may be the range of 210 - 222 in worst case.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.