Support is at 15065.
Long Legged Doji candle with large upper shadow suggest resistance and supply at higher levels.
Further rise can continue if sustains abvoe 15264.
Traders long and holding the same can revise up and maintain the stop loss at 15065.
On fall and close below 15065 can lead to a retracement of the rise from 13666 to 15263.
The earlier breakout point was at 14769.
Retracement are at 14617-14419-1422.
Expect 14769 to be tested at least on fall an close below 15065.
If sustains below 15065 and the open of the day then exit long and sell with stop loss of 1563.
Exit long and sell on rise to 15227-15348 with stop loss of 15264.
Trade long towards closing time if sustains above 15264 and above open.
Long Legged Doji candle with large upper shadow suggest resistance and supply at higher levels.
Further rise can continue if sustains abvoe 15264.
Traders long and holding the same can revise up and maintain the stop loss at 15065.
On fall and close below 15065 can lead to a retracement of the rise from 13666 to 15263.
The earlier breakout point was at 14769.
Retracement are at 14617-14419-1422.
Expect 14769 to be tested at least on fall an close below 15065.
If sustains below 15065 and the open of the day then exit long and sell with stop loss of 1563.
Exit long and sell on rise to 15227-15348 with stop loss of 15264.
Trade long towards closing time if sustains above 15264 and above open.