Trend is up even as markets form higher high higher low. Note that today closing was near low.
Close below today's low 8790 for 2-3 days can lead to a small correction. Any correction lasting more than 2-3 days will lead to doubts about this rally.
Option writing clues point to resistance at 9000 levels.
EOD charts
Intraday charts - rangebound markets
Close below today's low 8790 for 2-3 days can lead to a small correction. Any correction lasting more than 2-3 days will lead to doubts about this rally.
Option writing clues point to resistance at 9000 levels.
EOD charts
Intraday charts - rangebound markets
No comments:
Post a Comment