May not go below 7100 in down trend. Resistance at 7600
Holding on strong support and we should expect up move from here if the support is held.
If it is broken, there will be a strong support at 1030
The last support is at 133, which should hold. If it is broken, then can not be assessed till it recoups the level.
Near short term support at 779, which if broken then a long term support is at 732.
In its present down move support likely to come around 2350
If bearishness persists, support may come around 1830-1850
There is a minor support at 3950. One hopes that the said support holds, which will be known in the next week.
Tomorrow it should close above 1385 for any upmove there after.
However in case of any down trend, support will be found at 180, a very strong support
Break out can be seen if it crosses 470 and remains above it for a couple of days.
Today's low is likely to be respected for now. May turn bullish now.
Yesterday it returned from resistance line and is likely to pierce through resistance and descending line's confluence on 4th March if not earlier. Strong support around 160, having made a number of lows at this price range
Entry envisaged to be gainful if one gets it at around 1800 in the short term down trend. Overall showing a rising trend with no hindrance. Long term target 2450.