Market opened on a flat note today but gradually picked up momentum on the upside which led the indices to close in green. On the daily chart prices have convincingly closed above the 20-day EMA and suggest further up move. In coming trading session if indices trade above 18260 / 5500 levels then they are likely to test 18,546 - 18,736 / 5,550 - 5,608 levels. On the downside, 18,058 - 17,958 / 5,450 - 5,400 levels are support for the day.
0 comments
Post a Comment