The market did bounce from 5294 mark which was a little above our support of 5285 in the last post, but the bullish trend can only be confirmed if it trades conclusively above 5348 in which case it is poised to go to 5380 and 5440. However, if the market falls below 5304, it may test the support of 5285 and then 5246 below which all the recent gains will be wiped out.
No comments:
Post a Comment