Markets Facing Resistance Above 4500 And Also Markets Were Overbought There Was Minor Correction Now 24th Is The Result Of Reliance So Market Might Pause While Taking Further Move But Present Trend Is Up So Buy On Dip With Sl 4300 Which Is Strong Support Also Watch Asian Mkt Before Taking Position.
DOWNTREND LEVELS :
4378.52 – 4184.66 – 4163.12 – 3870.17 – 3616 – 3361.83
LEVEL FOR THE DAY
TECHNICAL OUTLOOK :
Imp Support 4445, Imp Resistance 4495,
Likely Trading Range 4420-4515,
Trade on long Above 4428 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.
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