PSO short term analysis 22 Nov. 2023

PSO is bullish as long as trading above 163 But its recommended to stay vigilant with your stop loss as breakout below 163 even on hourly closing basis will call for 156 and if it would stabilise below 154 then we may witness 146 in coming days.
On bullish side as long as 163 is maintained as supportive region it can target 172 with extension towards 187 and 191
Once again it's recommended to stay cautious with your existing long positions as main market items are losing strength and index may slide for a correction therefore recommended to stay cautious until a breakout above 57750 is not confirmed