27/03/2017 Monday
Hi,
Mkt knew about Reliance outcome and hence 9140 was not breached even after it was due.
News like these affect the mkt beyond any technical reasoning.
But in the world of Stocks Support / Resistance will always play their part
9023 - 9002 is the most probable Reversal area from where some meaningful relief rally should happen.
9000 presents strong support and SL for rally but if 9000 is broken then its 8981.
Expect Intraday Reversal from 9063 and max 9082 level.
Bye
Hi,
Mkt knew about Reliance outcome and hence 9140 was not breached even after it was due.
News like these affect the mkt beyond any technical reasoning.
But in the world of Stocks Support / Resistance will always play their part
9023 - 9002 is the most probable Reversal area from where some meaningful relief rally should happen.
9000 presents strong support and SL for rally but if 9000 is broken then its 8981.
Expect Intraday Reversal from 9063 and max 9082 level.
Bye