Why: Weekly Bearshirsh pattern break. Risk:reward:-1:2 StopLoss:3970 Target:4180 Target2:4350
Uptrend. Upside potential. SL-390 Target-432
Direction:-UPSIDE. Move-10%. SL-28
If sustain Above 345 for 2 days than 4-5% upside move. All trend posted only for educational purpose.
If Sustain above 350 in upcoming 2-3 days than BOOM-BOOM..
Now came in range
F type pattern created, hope so more downfall expected.
As per Price action Gap in 9598-9712 level, if nifty cross 10122 levels and sustain 1 day than boommmmm... otherwise drop at 9700-9560 levels.
Now SUMI came in the rally with heavy volume. Target is 120
