This is for education purpose only and may not be useful for trading
Daily charts: Mkts rangebound over a bigger range as bulls make last attempt to
hold recent lows. Depending on this unfolds, we can have sideways to bullish movements over next 2-3 weeks.
Resistance: region of 2800-2850 and then 3100-3150.
Weekly charts: Last weeks' bullish hammer has been fully retraced.
20 day swing : in sell mode (SL 3150). The earlier BUY signal has failed.
hold recent lows. Depending on this unfolds, we can have sideways to bullish movements over next 2-3 weeks.Resistance: region of 2800-2850 and then 3100-3150.
Weekly charts: Last weeks' bullish hammer has been fully retraced.
20 day swing : in sell mode (SL 3150). The earlier BUY signal has failed.
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