Market At Crucial Level

Over all market is bearish for now and its at a critical zone, there are 2 scenarios from here.

1) Market breaks the resistance levels of 3236.45,3282.50 & the major resistance of 3360. Market will struggle to break the resistances and come into BULL territory below 3360 market will be considered in Bear zone.

2) Market will go further down to retest 3120 which is a strong support area it can also go further down from here!!

Tomorrow I am expecting it to be a Big green day hopefully but nothing bullish about it. Quick entry & exits are recommended, take your profits home!!

Hit like & follow guys ;)


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.