- nifty drops 2%
- advance decline negative
- trend changes to down on daily charts
- similar large drops in MAY have led to buying and there was no follow-thru selling
- because of above, expectations are of rangebound trading
- option writing support at 8000 resistance at 9000
- advance decline negative
- trend changes to down on daily charts
- similar large drops in MAY have led to buying and there was no follow-thru selling
- because of above, expectations are of rangebound trading
- option writing support at 8000 resistance at 9000
No comments:
Post a Comment