Bears have got the necessary Adrenaline now.
Today the target of 5410 achieved and also buying near 5380 gave decent 50 points. As such the bounces are weak and thus more pain to come in near future.
Nothing much to add expect that 5258 is the visible target this week
SAR now 5445-5465.
does it mean that one should enter positional long position above 5465?
ReplyDelete@Kuheli
ReplyDeleteYes A close above 5465 Spot would invite 5520 - 5540 so Positional longs above 5465 ----
Also For positional Shorts the major SL should be 5595-5620
As such short on rallies only for target of 5258 - 5196