Yesterday markets saw the strong bounce and also closed almost at day high.
The overall pattern suggests another bullish move and market is likely to move towards the new high.
5107 should act as a strong support going forward and markets will be under the control of bulls as long as this level is not broken.
There has been accumulation seen in the near strike puts and overall, the bullish undercurrent should push markets to further highs the near term.
Resistance levels : 5182, 5210
Support levels : 5125, 5107
Happy Trading
www.tripleint.com
No comments:
Post a Comment