Close: 3,985.2500
[hr]
Support < Support < [[Crucial]] > Resist > Resist
3,881.7502 < 3,933.5005 < [[ 4,022.1003 ]] > 4,073.8506 > 4,162.4502
Technical Outlook
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bearish
· We would only look for a signal to sell.
· The momentum is downward.
· The downward momentum is accelerating.
· If already in this market we would take any valid sell signal. If no signals have been hit, we would watch for the first valid sell signal.
Bharat Mudgal’s comments:
No buying signal yet. Support at 3790. Resistnace at 4045 > 4085 > 4130. Book atleast partial profit around 4130 ( if at al market moves up to this level ).
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