Only below 8600 bulls might lose control.
Comment:
Bull still struggling to take control at 8800 (VPOC of current swing). Need a good break above 8800 for any bullish view. Below 8600 is bears territory.
Trade active:
8600 did hold (8630 is low). Bulls taken control by breaking above consolidation at 9000. Even retouch to 9000 is holding good for now. CMP - 9085
Trade active:
CMP - 8750. Price failed to break through previous support, which turns into resistance at 9190 after four attempts. Now bears will take control below 8700-8600. Hope of bulls is only above 9190.
Comment:
Big bear made price to kiss 3855 (Today low) in less than one week. 3825 is Nov 18 to Mar 19 VPOC price. Expect some bounce from here, now can turn bearish only below 3825 for 3111 target.
