Yesterday ,It was written that it will face Hurdle at 5347 level.
Laxman Rekha at 5354.
Laxman Rekha at 5354.
Exactly kissed 5347 & crashed to close at 5320.
Today ,What to expect ?
3DEMA -5299 ,7DEMA -5285
These two levels will act as support.
Now ,Suppose breaks 5285 with volumes and trades below this level for 5-10 minutes then nonstop slide upto 5255-5244 not ruled out.
Hurdle :5347-5354 intact.
Above 5354 if trades with volumes then dont remain short.(But chances are remote )
Hourly chart indicates upto
Today ,What to expect ?
3DEMA -5299 ,7DEMA -5285
These two levels will act as support.
Now ,Suppose breaks 5285 with volumes and trades below this level for 5-10 minutes then nonstop slide upto 5255-5244 not ruled out.
Hurdle :5347-5354 intact.
Above 5354 if trades with volumes then dont remain short.(But chances are remote )
Hourly chart indicates upto
Bears will have upperhand.Just Concentrate on 5285 level too.It will be lazy day (No charm at all )…So Dont fight with trend.
