My Laxman Rekha 5566 level.
Now ,What to do from this level ?
Weekly chart indicating below 5352 level and not crossing high of 5398 will take to 5215-5169 level in this panic.
And Three consecutive close below 5169 then next target 5032-4986.
Above levels are valid till NF not crosses 5398 level.So dont trade blindly and never bark.Always remember ratio will remain same only.90% will be loser ,5% will be in No Profit-No loss zone and only 5% will earn.
Below 5277 level if trades with volumes then ?
-As expected below 5277 in panic will try to kiss 5236 -5223 level.
Hurlde at 3DEMA :5308 ,7DEMA -5320.
And Three consecutive close below 5169 then next target 5032-4986.
Above levels are valid till NF not crosses 5398 level.So dont trade blindly and never bark.Always remember ratio will remain same only.90% will be loser ,5% will be in No Profit-No loss zone and only 5% will earn.
Below 5277 level if trades with volumes then ?
-As expected below 5277 in panic will try to kiss 5236 -5223 level.
Hurlde at 3DEMA :5308 ,7DEMA -5320.
