Despite Thursday’s rebound from 6924 levels, it is too early to call the index is heading to fresh record highs, given the daily close was below 7000 levels.
A positive follow through today with a daily close above 7K would signal a possible move to 7055-7100 levels.
On the other had hand, bears are waiting for a daily close below 6950 levels. In this case, 6800-6550 levels stands exposed.
A positive follow through today with a daily close above 7K would signal a possible move to 7055-7100 levels.
On the other had hand, bears are waiting for a daily close below 6950 levels. In this case, 6800-6550 levels stands exposed.
