- recent rally has been fully retraced in faster time
- now markets take support at March lows (8270 spot)
- hammer formed... this has bullish implications - let's see
- any rally may lead to formation of lower swing high
- advance decline negative
- option writing points to support at 8300 (MAY series)
- now markets take support at March lows (8270 spot)
- hammer formed... this has bullish implications - let's see
- any rally may lead to formation of lower swing high
- advance decline negative
- option writing points to support at 8300 (MAY series)
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