Market is bullish, expectation was of upward channel to continue, there was break of lower channel and also 15740, break down fail of 15740 gave good long. Most attempt to change a trend fail.
Expectation is of down move from 15800, below 15770 15740 zone will be expected. As market is in bullish mode i will avoid shorting as it may find buying at any level.
General expectation is of 15700 from here, so sustaining at higher levels ( 15770 above ) would be an indication of upcoming break out of 15800. Shorts will start feeling the pressure if it sustains around these levels.
Expectation is of down move from 15800, below 15770 15740 zone will be expected. As market is in bullish mode i will avoid shorting as it may find buying at any level.
General expectation is of 15700 from here, so sustaining at higher levels ( 15770 above ) would be an indication of upcoming break out of 15800. Shorts will start feeling the pressure if it sustains around these levels.