- trend is up on daily charts
- reversal level is 8080 spot.
- today markets opened gap down but buying was seen in later part of the day.
- incidentally this is second day of "lower high lower low" formation
- hopefully tomorrow markets should recover
- option writing support at 8000 and resistance 8500 (NOV series).
- reversal level is 8080 spot.
- today markets opened gap down but buying was seen in later part of the day.
- incidentally this is second day of "lower high lower low" formation
- hopefully tomorrow markets should recover
- option writing support at 8000 and resistance 8500 (NOV series).
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