Price pattern - Gapped up but sold off from the days high. Closed in the red for the day. Swing high made - essentially a higher high. Needs to be seen if a higher low will be made. Daily candlestick is not a reversal candle but lets wait for the markets tomorrow. The opening will be influenced by the overnight cues.
Supports are at 4945 and 4920 levels.
Indicators are in buy and tomorrow is a turn date hence tomorrow might be either a big positive/ negative day. Lets wait and watch. We will take positions intraday accordingly as the open would suggest.
Supports are at 4945 and 4920 levels.
Indicators are in buy and tomorrow is a turn date hence tomorrow might be either a big positive/ negative day. Lets wait and watch. We will take positions intraday accordingly as the open would suggest.
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