Price was consolidating in a range on monday. This consolidation can lead to rounding bottom pattern mostly if it sustains the current level.
Pattern : Support/Resistance.
Range : Good.
Trend strength : Normal.
Buy Above : 25820.
Stop Loss : 25780.
Targets : 25860, 25900, 25940 and 25980.
Sell below : 25740.
Stop Loss : 25780.
Targets : 25700, 25660, 25620 and 25590.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.