Support discussed @ 5405. It bounced off from 5400 zone.
5380-5400 still holds the key to this upmove.
5530-60 is the most important zone. Moving past these levels will question the larger downtrend. Larger time frame chart still down. Intra day/shorter chart in up trend.
Vol is not confirming the H&S...though market moving up but vol need to pick up. Hourly RSI showing Negative Divergence. But really its a stupendous analysis to find the H&S thanx
ReplyDeleteyou give a good call for today.
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