GST collections come; economic canvass remains on stronger footing.
Taken it for granted atmosphere.
Shift to select IT continues, PSU for a change not the buzz word to see or hear.
While the GST print another absolute high, the rate of YTD remains on the negative trend.
Taking of rate of trend, we picked the High of Momentum of very shorter tenor and plotted on similar shorter tenor to see where the point of interest lies.
The momentum is not negative, big frames absolute no.
While rotation is pulling higher, cues from global markets, higher oil, higher dollar, usual culprits continue to make their occasional visits.
Not much today, US data softer, but dollar and rates higher. Kore inflation cools, Europe inflation, ahead, further cuts remain on the lid. Powell speaks, JOLT job openings later in the day.
Support 24080-24020-24980 (hourly close below indicates some more losses)
Supply 24150-24180-24230
Taken it for granted atmosphere.
Shift to select IT continues, PSU for a change not the buzz word to see or hear.
While the GST print another absolute high, the rate of YTD remains on the negative trend.
Taking of rate of trend, we picked the High of Momentum of very shorter tenor and plotted on similar shorter tenor to see where the point of interest lies.
The momentum is not negative, big frames absolute no.
While rotation is pulling higher, cues from global markets, higher oil, higher dollar, usual culprits continue to make their occasional visits.
Not much today, US data softer, but dollar and rates higher. Kore inflation cools, Europe inflation, ahead, further cuts remain on the lid. Powell speaks, JOLT job openings later in the day.
Support 24080-24020-24980 (hourly close below indicates some more losses)
Supply 24150-24180-24230
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