· If You Look At The Data Of Institutional Activity Fii Have Been Buyers On Every Dip And The Market Has Closed Near 2 Days Rsi Support Also If The Global Cues Are Week Than We May Correct In The First Session But Expecting Recovery In Second Session Also Market Has Closed On Bearish Divergence But Do Not Expect More Downside. Market May Remain In Rangebound Or Sideway Movement.
· The Main Trend Is Up
- Now We Will Have Bigger Range To Play From 3700 - 4000 – 4670 – 4800 - 5000
- LEVEL FOR THE DAY
- TECHNICAL OUTLOOK :
- Imp Support 4375, Imp Resistance 4490,
- Likely Trading Range 4315-4545,
- Trade on long Above 4485 and Vice versa
- Note :- Please don’t use this levels when gap up or gap down. Also either side band is breached shall show breakout in either direction, and close above / below the intra band shall continue with the same trend for next day and can continue for for BTST OR STBT.
· DISCLAIMER :
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