Market closed at a critical breakdown level
pattern Sideways for last 3 sessions
Momentum Oversold,so a pullback is expected if key supports hold
First half may see dip 24553 zone is crucial support
If holds and bounces above 24599 expect short covering rally towards 24709 and 24840
If breaks below 24553 weakness may extend to 24432
pattern Sideways for last 3 sessions
Momentum Oversold,so a pullback is expected if key supports hold
First half may see dip 24553 zone is crucial support
If holds and bounces above 24599 expect short covering rally towards 24709 and 24840
If breaks below 24553 weakness may extend to 24432
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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.
Disclaimer
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.