This is an update of my previous post on 23-3-2018.just added some extra support resistance and trendlines to the chart. The Index is heading into Bear territory after breaching two critical support price points in the last two trading session. There are three price points that I would like to point out for future references.
1. 3465 - a major resistance price point that needs to break before any moves to the upside
2. 3346 - this is the next support price point if it fails to head back up above 3410
3. 3277 - the next support if it fails at 3346
There are other support and resistance below 3277 marked on the chart but will only look at it if its necessary.
1. 3465 - a major resistance price point that needs to break before any moves to the upside
2. 3346 - this is the next support price point if it fails to head back up above 3410
3. 3277 - the next support if it fails at 3346
There are other support and resistance below 3277 marked on the chart but will only look at it if its necessary.
