The oversold status of the Stochastic oscillator and the support near the Keltner channel suggest that the wave (d) leg of the triangle is complete and wave (e) should carry it up to 9860-9880 Region which is 50% and 61.8% retracement as shown in the chart.
Selling should do only after the breaking of the (b-d) line as shown in the chart. The stop loss for this will be the top of wave (e) which may be formed today.The downside target for this positional trade is around 9623-9630 levels. No buying should be considered below 9884, One can go long only above 9918 for the targets of 9940 and 10000.
For today we will not trade until wave (e) top is formed and the b-d line is broken.
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