Now intra charts r again saying abt 3163... the t.l we hit b4 cming down from 3298 its pegged at 3163 now.. so boy watch out.... crossing this thr shud be a blast. upto ... nxt chart....
see whats happening... 3 levels r coinciding from 2 extensions drawn from diff level. crossing 3164 we can hit 3253 on the higher side... and again 3164 comes into play . 23.6% and 100% of 2 different extensions meeting at 3164. and next comes 3108 into play , again 2 diff fibs meeting at same place. and 2883-3178 ... 23.6% is 3108 (not shown on the chart)... and somehow t.l supp will some around that place on 5 min chart. so 3108 is crucial for the day to come.
so 3164 to watch out for , above that will see strength for sure. das supp pegged at 3108.
One trading idea coming to my mind thats y writting ...seeing 3164 such a heavy resistance, if we get open-high same for tomm , it can be hit(short side) for quick intraday gains. Trade safe.....big day ahead.
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