What has started in Oct 2023 has formed a parallel channel. It has completed one of the target given in Aug 2023 for 40904. from 35210 on 8th Aug 2023 to high of 41096 and highest closing of 40842
cmp 39737
Now going forward we may expect selling continue until 37100 35500 is good support for pull back, at the same time it is the lower edge of the channel.
Bull run continue.
Please understand this is election year for US, I don't see selling until Nov 2024