BRIEF MARKET FORECAST FOR THE DAY
Expect
the Markets to open on a modestly positive note but at the same time it
will continue to resist to its pattern resistance. With no clear
breakout in sight as of now, we can expect the Markets to trade in a
range bound manner with some amount of volatility ingrained in it. With
the levels of 8600 and 8640 continuing to act as resistance cautious
approach with curtailed exposure is advised for the day.
Milan Vaishnav,
Consulting Technical Analyst,
Af. Member: Market Technicians Association (MTA), USA
Af. Member: Association of Technical Market Analysts, INDIA
www.MyMoneyPlant.co.in
Af. Member: Market Technicians Association (MTA), USA
Af. Member: Association of Technical Market Analysts, INDIA
www.MyMoneyPlant.co.in
+91-98250-16331
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