- trend down on daily and weekly charts
- markets close to double bottom support at 8000 levels
- below this level, strong correction expected
- next support is at 7700-7400
- option writing resistance at 8500.
- markets close to double bottom support at 8000 levels
- below this level, strong correction expected
- next support is at 7700-7400
- option writing resistance at 8500.
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