Bullish swing trade. Strong support reaction in the past when the bottom trendline has been touched.
Might meet some resistance at 7510 considering two rallies failed to breach that level.
Opportunity to open a position around 6760 and TP Target is around 7745 since that has been strong resistance since the post-COVID recovery.
A technical analysis with the use of trendlines. The upper resistance has held as a strong resistance for the last three runs and the resistance at 14 000 has been holding since late September till present. My analysis is that there will be resistance at 14000 which will hold and bounce off then within the next month rise to the price of 18 000. stop losses...
