With the uncertain COVID news, market has shown healthy correction.
According to the trend, 17450 should be the next expected level unless 18200 is taken out. Sorry for been too aggressive but this is only for educational purpose.
Market may go side ways to achieve this target.
Today market showed sharp downside move from the resistance line.
Market can be side ways tomorrow, waiting for US market to show positive or negative sign.
NASDAQ has also broken the trend line and closed with a retracement. It is also at make or break level.
According to the trend, 17450 should be the next expected level unless 18200 is taken out. Sorry for been too aggressive but this is only for educational purpose.
Market may go side ways to achieve this target.
Today market showed sharp downside move from the resistance line.
Market can be side ways tomorrow, waiting for US market to show positive or negative sign.
NASDAQ has also broken the trend line and closed with a retracement. It is also at make or break level.
Comment:
DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
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