Trade rationale

Other – Study mentioned in Notes Below

In the area chart attached below, Rajeshexpo at the 1 Day time frame showing Saucer formation at 480 levels, also completion of A-B_C formation of previous correction that has taken place from 850 to 480. The 30 min time frame of the Rajesh expo showing breakout at 500 levels from previous resistance. Target of 560 levels has been selected by taking 23.6% retracement of previous ABC correction.