- trend is up on weekly charts
- nice support has formed around 8300 levels
- resistance around 8650
- note there is no follow thru buying in last 3-4 weeks
- look at weekly close below 8300 as a warning sign of trend reversal.
- nice support has formed around 8300 levels
- resistance around 8650
- note there is no follow thru buying in last 3-4 weeks
- look at weekly close below 8300 as a warning sign of trend reversal.
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