TRADING BELOW 5960.....REMAIN IN FAVOUR OF BEARS
LIKELY SLIDE UPTO 5928 - 5922 LEVELS
MADE LOW 5924 AND HIGH 5955
LAST CLOSE @ 5942
5955 - 5960 WILL ACT AS HURDLES FOR BULLS
NEED TO SUSTAIN ABOVE 5960 FOR FURTHER RALLY......OR ELSE......NO HOPE FOR BULLS......LEADS FURTHER CORRECTION !!!
IF BULLS CAN BREAK AND SUSTAIN ABOVE 5960
EXPECT RALLY UPTO
5980--------5985--------6000 LEVELS
TRADING BELOW 5960.....SIGNAL........BEARS IN POWER
MAY TAKE TO 5920 -5923 LEVELS
NOW MAIN INTRA SUPPORT @ 5920- 5922 LEVELS
IF BREAKS AND STAYING BELOW 5920
MAY LEAD TO PANIC FALL UPTO
5895 - 5870 LEVELS IN INTRA NOT RULED OUT !!!
STRONG SHORT TERM SUPPORT @ 5870
Subject To Disclaimer
