- trend down on daily charts as markets form 'lower high lower low' for second day
- advance decline negative
- 61.8% retracement for this correction gives approx target 8200
- option writing clues point to support at 8000 and resistance at 9000 (JUN series).
- above means chances of higher swing low followed by rally.
- advance decline negative
- 61.8% retracement for this correction gives approx target 8200
- option writing clues point to support at 8000 and resistance at 9000 (JUN series).
- above means chances of higher swing low followed by rally.
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