The Index Futures in trading in a parallel channel on Monthly chart.
Also as per Fibo retracement, 127.2% is at 15400 levels which exactly coincides with the upper band of the Parallel channel.
So we can expect 4-5% move from current levels.
Disc: We can't trade with this & so it is just for educational purposes only !!
Also as per Fibo retracement, 127.2% is at 15400 levels which exactly coincides with the upper band of the Parallel channel.
So we can expect 4-5% move from current levels.
Disc: We can't trade with this & so it is just for educational purposes only !!