Last Friday, my target was 5378, and we reached it late in the day after buyers gave us 55-point rally. This level is the next key area, and we spent the night consolidating/basing here. Continue holding your runners.
As of now: buyers defended 5363 overnight, with 5338-42 being the main support that needs to hold. This keeps 5400, 5414, and 5438 in play. Watch for a dip below 5338.
As of now: buyers defended 5363 overnight, with 5338-42 being the main support that needs to hold. This keeps 5400, 5414, and 5438 in play. Watch for a dip below 5338.
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Disclaimer
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.