As seen on daily timeframe, we are bearish and we tested the 61.8 fib level which was drawn on daily timeframe from 42000-29000 swing. So far we are making lower lows and as we are approaching the weekend, we should see a pullback as per history. Fib levels get invalid if we break 42000 level.
TARGET: 30000-24000-20000.
SL: 40000
RR: 1:2.2
TARGET: 30000-24000-20000.
SL: 40000
RR: 1:2.2
Pranay.