Supports: 4223-4209, clearly 4209 is the most crucial area. Breaking that it'll target 4185 once again. Breaking 4185 it'll target our previously discussed targets again.
Resistance: Breaking 4275 it will target 4290/95, but as discussed a dip after crossing 4275, can be buying opportunity (in that case 4223 can act as very good support). Above 4295, it will target 4317 and 4343/45. Big zone.
Volatile could be the name of the day! :)
Satyam, your precise supports and resistances are prescient!And since you post at unearthly hours, I feel you are not TA but PA, i mean prescient analyst.Congratulations.
ReplyDeleteRegards.
ttthakur
Sir,
ReplyDeleteThese words are really overstatements for me. But surely these are such compliments any analyst will love to be chanted before him/her repeatedly. I really need to help myself, and it's great if somebody else is also getting some help outta these. That's the biggest thing I can ask for. I'll try to gather as much comments as I can :D. Those are really some encouragements.
Thank you.
-Satyam