2022-01-31 07:30:39
It is near yesterdays distribution zone, so if sustains above 17400 we can see good up swing for this budget session, one can make debit spread of 17400ce buy and 17600 ce sell over there.
Himadri Speciality: Monthly Analysis (Mid Term Hold)
Consolidation happening in monthly timeframe that means institutions are pushing buy/sell orders. Expect a huge movement in the upcoming days. Price facing rejection but it's gonna break soon anyway.
Entry: Take entry when it breaks the resistance zone at 62.05
Targets can be 86.00, 105.25 and 136.30 respectively.