LAST CLOSE @ 5649
YESTERDAY WE WRITTEN....STRONG SUPPORT @ 5615 - 5620 LEVELS
TODAY MADE LOW 5620 AND BOUNCE BACK TO 5655 LEVELS
!!!! THIS IS ONLY POWER OF CHART !!!!
WEEKLY CLOSING BELOW 5685.....BEARISH SIGNALLLLL
SO BULLS NEED TO CLOSE ABOVE ATLEAST 5685.FOR FURHER RALLY.....OTHERWISE NO HOPE FOR BULLS.
TODAY HAMMER PATTERN FORMED IN DAILY CHART ...WHICH IS HIGHLY RELIABLE FOR REVERSING A DOWNTREND TO UPTREND
BUT WAIT FOR CONFIRM THE BULLISH HAMMER SIGNAL WITH A STRONG BULLISH CANDLE TODAY
TODAY KEEP AN EYE @ 5670 LEVEL
TRADING BELOW 5670.....INDICATING BEARS IN POWER
WILL TRY TO KISS 5630 -----------5620------------5610 LEVELS
STRONG SUPPORT @ 5615 - 5620 LEVELS
SUPPOSE BULLS CAN TRADE AND STAYING ABOVE 5650
SEE RELIEF RALLY UPTO 5671 LEVES
CROSSOVER 5671 WITH VOLUME
WILL TAKE TO 5693 AND 5708 LEVELS
STRONG HURDLES @ 5708- 5712 LEVELS
!!!!ALERT !!!
WEEKLY CLOSING BELOW 5620
THEN NO ANY COMPROMISE WITH BULLS
........... BEARSWILL TAKE TO 5565 - 5575 LEVELS VERY SOON...........
SO KEEP YOUR EAGLE EYE @ 5620 LEVEL ON CLOSING BASIS
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