A Day credited to bears.
Not much to the credit of bears but the closing was below the crucial level of 8540 NS to resolve the confusions.
For Monday weakness would continue below 8540 - 8560 at most. 8480 - 8440 is the area from where i am looking for a minor bounce -- Confirmation yet to be checked on Monday. On the contrary Above 8587.50 NS ( Half Hourly Close ) Strength emerges - Remote chances Exist though .
Today with a close below 8540 - Targets are open as mentioned earlier. SL now 8587.50 .
Staying with trend is Prudent Now.
Have a Great Weekend
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