Why Bullish ?
Reasons :
1 . As Shown In The Link Shared -BREAKOUT FROM DEMAND ZONE backed with RSI breakout from downwards pattern.
2 . Last But Not The Least - Stock Market And Global Market Sentiment Has Gone Bullish At The Same Time - Which Is Backing The Overall Story.
3. Still best entry initiates after retest of the line drawn at around 296 depends on your appetite of your risk .
One is to Three ration Risk reward can be achieved here.
Kindly Comment If Anyone Found This Information Helpful Or Anyone Who Takes Position After Reading This Article.
Thankyou.
Reasons :
1 . As Shown In The Link Shared -BREAKOUT FROM DEMAND ZONE backed with RSI breakout from downwards pattern.
2 . Last But Not The Least - Stock Market And Global Market Sentiment Has Gone Bullish At The Same Time - Which Is Backing The Overall Story.
3. Still best entry initiates after retest of the line drawn at around 296 depends on your appetite of your risk .
One is to Three ration Risk reward can be achieved here.
Kindly Comment If Anyone Found This Information Helpful Or Anyone Who Takes Position After Reading This Article.
Thankyou.