close above 9742 or
holds 9652 is must for BULLS
new low at 9652 issue hidden divergence with OBZ
Index is extremely oversold & hence a small dead-cat bounce cannot be ruled out.
Any bounce back is for Exit longs till further confirmation to enter long
Close above 9827 will issue good move upto 9979
then also Bears will take charge again
Close below 9650 will lead upto 9550-9480, MAX 9440 zone
Then Complete reversal for new high
EXACTly reversed from 9687 and closed 9768
ReplyDeleteSaid Close above 9742 or Holds 9652 must for bulls
ReplyDeleteLow 9687 [holds 9652], Day closed at 9768 [above 9742]
Bulls take charge