Supports: Completely range bound as of now. With 5080/75 as the immediate support. Below that 5047/42 Will be the next halt on the down side. Which I personally feel will be very important place for short term longs. and a intra day profit booking zone for shorts. further break below that can show up 5115/05-4960/50 and decide further moves for intermediate time frame.
Resistances: 5155 first hurdle for the day. above that 5195 is possible again. A BO above that can bring 5220-5265-5315/35.
But before any clear direction, trade the range.
0 comments:
Post a Comment