VFMDirect.in
KPL's blog on Indian stock markets, science, technology and more
May 5, 2014
Market outlook
Trend is up with support at 6640.
Note formation of possible head and shoulders pattern. This is bearish and if 6640 breaks, one can expect correction to 6300-6400 level.s
Option writing points to support at 6500 and resistance at 7000.
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