Nifty Chart

Position : Short

First Triangle breakout target 6037.  Break even point for 180
points target is at 6220.  Closed below the major support 6150.

Option 1 rise from here up to 6250+ then down
Option 2 rise from here up to 6200+ then down
Option 3 directly towards target from here
I prefer Option 2, This is hourly chart, daily chart is still in OBZ
with negative trend.

Both 23.6% of 5700-6342 is at 6190 and positive
Break out Support [now Resistance] 6184-6193 are co-inside
so very strong resistance 6190.

TREND-ve/Momentum-ve

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