Markets Has Close On Negative Bais Holding The Technical Level At 4500 And Facing Resistance At 4600 And Getting Support Near 4400 Also Tomorrow Being Expiry And Inflation Day So Market Can Be Volatile Also For Tomorrow Rsi Is Showing +Ve Divergence While Ss At Negative Divergence And Market Also Holding 4500 Levels So If Tomorrow Globle Ques Are –Ve We May Continue The Downtrend And May Try To Find Support At 4400 If 4470 Is Breached Still There Is No Clear Indication For Downtrend So Please Play With Strick Trailing Sl . And Shorts Can Have Sl At 4560 While Long Sl Is 4390
LEVEL FOR THE DAY
TECHNICAL OUTLOOK :
Imp Support 4470, Imp Resistance 4555,
Likely Trading Range 4430-4600,
Trade on long Above 4480 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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