Bull therapy 101-thread for technical analysis with the fundamentals

I feel this resistance is going to be pretty tough to break as the top was made a year back and in the intervening period financials have deteriorated and so has the market mood. We may have a false breakout and retest 2400. Even if it does breakout, 2900-3000 range will be a pretty strong resistance so the risk:reward doesn’t seem very favourable.

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