KPL's blog on Indian stock markets, science, technology and more
SEBI Registration (Research Analyst) : INH000000743
June 9, 2015
- markets close at lowest level for the year
- doji formed; this is not surprising considering the support at 8000 levels.
- overall trend is down on daily and weekly charts
- option writing points to resistance at 8500 and cut in 8000 put options
- most likely 8000 will break and markets can crack