In our previous analysis quoted above we have referred 2407 area as the area of retracement as there is strong support in that zone. and as we predicted the same happened the market retraced from than zone and again hit back the zone creating a DOUBLE BOTTOM and again goin up to nearby resistance zone.
support and pivot 2407-2405
if this area is not breached then market will fly back to 2445 zone.
bullish targets : 2415 2421 2433 2445
bearish targets : 2401 2397 2391 2382 2376
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Comment
verify our previous chart to validate our previous prediction which was 100% right
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