The index is currently maintaining a bullish trend Price action is showing signs of strength, supported by momentum and demand near support levels.
A 1H candle close above 22,500 would confirm short-term strength A break above this level could trigger a further upside rally If price fails to hold 22,500, it might drop and test the 21,000 zone before bouncing back.
Resistance zone 23,500 / 24,000
Support 21,500 / 21,000
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A 1H candle close above 22,500 would confirm short-term strength A break above this level could trigger a further upside rally If price fails to hold 22,500, it might drop and test the 21,000 zone before bouncing back.
Resistance zone 23,500 / 24,000
Support 21,500 / 21,000
if you like this idea if you have on opinion about this analysis share in comments Thanks
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Looking Price Strong Bullish Pattern i want to Suggest you stay in Buy side
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Related publications
Disclaimer
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.