Open Gap acts as support at 96.30.
Expect Pullback to an area of Fibonacci Retracement 0.5 (95.57).
There is also meeting point of Uptrend Trendline Support (Previously Strong Resistance, marked in ORANGE) on that area.
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Specbuy at 103-105 ( For Swingtrading )
Lumpsum Buy 1 = 94.50 - 97 ( Long-term Investment)
Lumpsum Buy 2 = 89-91
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RISK : If Breakdown below Support at 89.15 and/or MA200 , stoploss would be wise ( Considered very strong. Also a confirmation of HNS Chart Pattern. Beware of Long-term trend reversal. Expect Strong Bearish to lower trendline marked in RED. Bearish Target : 67-71)
Expect Pullback to an area of Fibonacci Retracement 0.5 (95.57).
There is also meeting point of Uptrend Trendline Support (Previously Strong Resistance, marked in ORANGE) on that area.
========================================================
Specbuy at 103-105 ( For Swingtrading )
Lumpsum Buy 1 = 94.50 - 97 ( Long-term Investment)
Lumpsum Buy 2 = 89-91
========================================================
RISK : If Breakdown below Support at 89.15 and/or MA200 , stoploss would be wise ( Considered very strong. Also a confirmation of HNS Chart Pattern. Beware of Long-term trend reversal. Expect Strong Bearish to lower trendline marked in RED. Bearish Target : 67-71)