The positive pointers to go long:- CRISIL has made a pullback to 0.236 fib levels, matching the price action support levels at 1900. The RSI has made an breakout, the price may follow it ( once the declining trendline is broken). The price is at the upward sloping trendline.
Aggressive trade is to go Long at current levels. Conservative trade is to wait for a breakout with volume on the declining trendline. SL level at 1775 Target levels @ 2110 / 2300.
Other interesting thing to watch is the volumes on the down days. The decline from the top has see 5 above avg volume distribution days, making one to proceed with caution if one has to trade long.
액티브 트레이드
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Have gone Long at 1930. on 15M TF - The price broke out of 1930 levels, which was acting as resistance for last 10 - 12 days.