CMP: 5359
Weekly T/F:
Candles:
1. Wkly Candles have formed Lower Hi-Los
2. Buying seen @ 5305-5330 zone , if Broken will usher in a slide to 5160 , if Held will show levels of 5600 again!
Monthly T/F:
Candles:
1. Mnthly Candle has formed a Reverse Shakeout (saying there is RESISTANCE @ & above 5385)
2. Trend is Bullish if we close above 5401 , & Bearish other wise EOM basis.
SMO SAR VIEW:
Weekly Price Close below 5WkHEMA , means price shall seek out 20WkSMA (@ 5065), on WEEKLY BASIS
Rest from charts pls
cheers
Weekly T/F:
Candles:
1. Wkly Candles have formed Lower Hi-Los
2. Buying seen @ 5305-5330 zone , if Broken will usher in a slide to 5160 , if Held will show levels of 5600 again!
Monthly T/F:
Candles:
1. Mnthly Candle has formed a Reverse Shakeout (saying there is RESISTANCE @ & above 5385)
2. Trend is Bullish if we close above 5401 , & Bearish other wise EOM basis.
SMO SAR VIEW:
Weekly Price Close below 5WkHEMA , means price shall seek out 20WkSMA (@ 5065), on WEEKLY BASIS
Rest from charts pls
cheers
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