Market remained under pressure from higher levels and it is still under pressure. If the market remains above the low made today (4555) which i feel is the rock support, the market may close tomorrow above 4575, depending upon the global cues.
Tomorrow, market will open flat or positive with mixed bias attached with high volatility and remain long above 4590 with SL 4575 for a tgt of 4620-4650. If it breaks and sustain below 4585 keep short with SL 4605 for tgt 4555-4525. Be careful with the positions... Dont go long for the time being..wait for the clear market direction to emerge.. trade wisely...happy investing
Tomorrow, market will open flat or positive with mixed bias attached with high volatility and remain long above 4590 with SL 4575 for a tgt of 4620-4650. If it breaks and sustain below 4585 keep short with SL 4605 for tgt 4555-4525. Be careful with the positions... Dont go long for the time being..wait for the clear market direction to emerge.. trade wisely...happy investing
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