Are The bulls Exhausted .......
Why such a Lethargic Move between 200 DMA and 200 SMA.Technically it should have been today only.Why taking So much time. Looks like a The Lull Before the Storm.Can't Say Much but looking to the 5700 CA OI Looks like. Better to Say Market is Supreme.But now its time to Play with Strict SL on both the sides.I Mean 5720 for shorts and 5640 for Longs on EOD Basis.
For Tomorrow 5730 is the Resistance and Selling Point Above which we can see a Single Print Move till 5820.Below 5660 - 5640 Carnage till 5590 - 5545 - 5500 awaits in the market.
Still I feel Expiry to be around 5460 on Thurday and April 1st we may see a brutal carnage in the market.
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