Overall Bullish Movement expected,
2 month bearish Channel Break is visible with 9-day exponential moving average cut from below.
RSI and stochastic suggest a bullish movement.
Resistance at 10000 (if bear market, retracement till 8750, 8550 levels)
Due to Hydrocholorquine drug demand by other countries can expect positive movement for pharma stocks.
There will be a decline in the death rate in the vaccine case, then due to complications, after the increase in the mortality rate by a few percent, the mortality rate will fall completely. And it will end this way.
It will takes 30 to 45 days. After this, there will be signs of going up in the stock market.
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