When we have had bad trading periods, it is really not one market that does it. In those situations, almost all the markets are going sideways and making lots of false breakouts. If one of the markets is decent, that is usually enough to avoid a bad situation.
Last Close : 8424
Yesterday Again we had written :Hurdle at 8446,LaxmanRekha -8499
101% No need to change levels @ all.
Yes ,Crossover and close above 8499 level for 2 Consecutive Days :Watch Nonstop Rally up to 8659————–8712 level !!
377 Points Triangle Break out at 8310 level
8310+377 =8687 ??
Neckline of Head & Shoulder at 8515 level.
Chances are Bright :From low of 8020……….Moving up to this area and then Vertical Fall will start ?
Trade with eyes open :Everything is in chart only.
Today ,Watch 8461 level as Hurdle if are hardcore trader
Crossover with volumes and stays above for 15-20 minutes will take to 8492 level in minutes only
Support at 8383 level.
Break with volumes and stays for 15-20 minutes will take to 8362-8340 !
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