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- Harmonic Pattern formed - Bullish Bat pattern
- Potential Reversal Zone (PRZ) - 1900
- The index has made a low of 1912 and slightly recovered from that level. Short term trend is lighty bullish as long as support 1900 holds.
- Any break below 1900 will drag the index down till 1870/1850.
- Overall bullish invalidation only below 1800.
- On the higher side minor resistance is around 1925 and break above will take the index till 1937/1946.
It is good to buy at dips around 1910-15 with SL around 1900 for the TP of 1937/1945
