We witnessed a broadening wedge and posted a idea recently in the favor of bears, now being biased from the bull side, we can consider this X as a running flat.
How we can plan the trade-
If it holds above 10740 go long for target 10860/900/925 be cautious at the same level and remember 10925 is a major hurdle, if it crosses 10925/30 level and hold above it then expect 10985, where we would be bullish.
How we can plan the trade-
If it holds above 10740 go long for target 10860/900/925 be cautious at the same level and remember 10925 is a major hurdle, if it crosses 10925/30 level and hold above it then expect 10985, where we would be bullish.