I am not purported to give any trade call here, this this just to learn probable market level based on direction,
momentum and volatility. if one can use it wisely, i am happy.
similarly. as you mentioned. it is the underlying index, and i am familiar with it. In the earlier 90s, we were having yahoo forums,
and I used to post in groups, following BSE charts for knowing market Direction.It all same, doesn't matter much, one must be aware
of the movement, the gaps etc. if the chart is having a flow it will be more continent to grasp the move.