Both bearish and bullish possibilities are present currently. For the Bullish possibility :
Sell below Day Hema of 4980 with SL of 5010 (A of XA)
For bearish pattern formation Buy above 4985 with SL Hour close below 4980 Day Hema. The Developing month pivot id 4966. With only one more day to go for a month a close below 4960 would be a valid Stoploss positionally.
Considering the nature of the upmove and DayTF a Buy is initiated in small quantities at this level and would add to it if 4960 is not breached on closing basis.
Buy at 4984NS with a SL of 4960NS closing basis.
The Bullish Gartley got invalidated with a high above 5006. Part booked at 5030 NS as 127% retr is reached. Holding the rest of the longs with revised SL to 4980
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