Buying Opportunity in the pair. The Pair has been forming Higher High and Lower High indicating strong uptrend. The security has retracce 0.618% of the upside move. The security has been consolidating near 0.50% of the retracement indicating this level to be a strong resistance, security closing above this level would be an indication to buy the security for an upside move towards 175.70 -200 levels.

Maintaining a SL below 163 would be recommended. Rsi trading above 50 would be an advantage to buying.

Advice : Buy if the Security is able to close above 170 levels.

Buying Opportunity in the Security

Sep 25 2022