- Major resistance- 1910 (trend line joining 1954 and 1916).
- The index is facing strong resistance around 1910 and any break above will take the index to next level till 1955/1973 (200 day 4 HMA).
- On the lower side minor support is around 1880 (trend line joining 1810 and 1871) and minor weakness can be seen below this level.
- Break below targets 1864/1852. Short term bullish invalidation only below 1800.
It is good to buy above 1910 with SL around 1880 for the TP of 1954/1975