- trend is down on daily charts
- within this downtrend, markets closed 1.7% in positive
- advance decline was strongly positive
- resistance at 8000-8200 (gap)
- volatility possible as markets still 'sell on rise'
- option writing support at 7500-7200 and resistance 8500
- within this downtrend, markets closed 1.7% in positive
- advance decline was strongly positive
- resistance at 8000-8200 (gap)
- volatility possible as markets still 'sell on rise'
- option writing support at 7500-7200 and resistance 8500
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