Since it has rejected 7190-7192 zone strongly and broken to a mid point of 7120 and also breaking through 6977 which was the near term support. Now it needs to hold the 6785 and 6688 zone and that is where i am expecting it to bounce back and head towards 7055 and 7185 will re evaluate once the mentioned levels on lower and higher side are done ......
Stop loss once it comes to the 6785 and 6688 zone will be at 6650 for a tgt of 7055 and 7185 hold time 3 days for this trade
Stop loss once it comes to the 6785 and 6688 zone will be at 6650 for a tgt of 7055 and 7185 hold time 3 days for this trade
Comment:
Stop loss hit
still side ways