Yesterday I had written 5090 will act as major hurdle.It kissed 5082 & Intraday crashed upto 5035 level.
Now ,What to expect from this level of 5055 ?
It will face hurdle at 5090-5106 level.
Today ,If not crosses (High of Yesterday 5082)
-Then slide upto 5039-5021 —4999 is possible.
-Suppose crosses 5106 level ,then rally upto 5145-5168-5200 level.
Rising Wedge on Daily Chart will favour Bears.
Now ,What to expect from this level of 5055 ?
It will face hurdle at 5090-5106 level.
Today ,If not crosses (High of Yesterday 5082)
-Then slide upto 5039-5021 —4999 is possible.
-Suppose crosses 5106 level ,then rally upto 5145-5168-5200 level.
Rising Wedge on Daily Chart will favour Bears.
