Despite strong opening, markets are still unable to hold above 2800.....this was mentioned due to the RSI resistance on 15 min/ hourly charts.
Also mentioned that the 2 day swing has also given a buy...and that "this may not be reliable"....so far it is still holding but high chances of a whipsaw.Also, level given on Friday for Monday i.e. 2670-80 was not crossed today.
Now chances are high that markets will correct to 2500-2550. Most probably, this shd be last leg of the correction.
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