Hello friends, nothing much to say as it was like nothing much to do. I am still dumbstruck and blog struck as well. Hope the strategy we discussed about CALL-PUT together on the 15th of April has worked well in this extreme situation if at all anybody had considered it. If missed, please don't be depressed because these sort of frustration can lead towards bigger massacre. I personally feel market should at least target 4734 and 4963 (conservative targets). It's a handsome difference from where we closed today, needless to say that I am not a Gap up-Gap down expert, so can't ensure that it wont happen in today's fashion. Jokes apart, I really feel time to buy on dips (from a larger time frame perspective) is back again. So be patient and buy in a dip for investment. And for tomorrow and shorter term 4474-4504 is likely (likely?? LOL..) to be the roof for the bulls to halt a bit. and we are safe for upside (even in intra day :D) as long 4327 is holding for the bulls. So not sure how much can be done for intra day tomorrow also, but for surely keep those relative longer term targets in mind I gave above in green. Will update longer term picture more clearly with couple of days once again. Till then trade safe and trade long on dips. Take care.
Supports: 4335/4327
Resistances: 4474-4504
(All Future levels)
Supports: 4335/4327
Resistances: 4474-4504
(All Future levels)
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