As expected, we faced resistance at 43000 and there was a profit booking of nearly 400 points upon it failed to hold above 43000.
In an hourly time frame its looking like index was re-testing the breakout and there is an upside possible till index holding above todays low i.e., 42620 but 42850 & 42900 range can act as very important resistance. If index reversing back and breaking 42620 then we may see a good down fall.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.