297 is weekly pivot point resistance and it may resist the trend to continue. Few buyers would also try and book profits. Wait for the reversal and then buy.
PRO:
- Strongly bullish.
- Forming higher high.
- Trending above trendlines.
- Strong RSI.
CONS:
- Near Resistance point.-
- Profit booking may start soon.
ENTRY: 282
TARGET: 308
SL: 277
PRO:
- Strongly bullish.
- Forming higher high.
- Trending above trendlines.
- Strong RSI.
CONS:
- Near Resistance point.-
- Profit booking may start soon.
ENTRY: 282
TARGET: 308
SL: 277