The price dropped from the price we mentioned in the previous idea and already stabilized under the support line which is 5260, so it is possible to touch 5226 and 5193 as well,
Bearish Scenario: As long as the price remains below 5260, it is likely to decline towards 5226.
Bullish Scenario: For a bullish trend to emerge, the price must stabilize above 5260, potentially pushing up to 5302. If the price surpasses this level, it may indicate the start of a new bullish trend of about 5347. Pivot Line: 5260 Resistance Levels: 5301, 5321, 5350 Support Levels: 5226, 5193, 5170 Today’s expected trading range is between the support at 5193 and the resistance at 5320.
Note
The price pushed up and reached our target which is 5301, now the movement range will be between 5302 and 4260 till breaking
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