CIND has been rejected from the redzone as expected and might come down slightly more before bouncing back..
76-78 is a good zone for buyers to be interested on ! RSI shows bit more of a retest.!
PLR was trying to breakout multiple times and time it had been nicely broken out with volumes.
RSI shows broken out as well.. Fib resistance are mentioned in charts.
however 9.0-9.3 looks like the hardest resistances to get through. Plan your exists properly ~
looks like counter is on a good consolidation with bullish divergence in situ, previously low volume breakout happened is now on retest.
daily close above 145 might turn the trend towards positive side.
After briefly getting correct due to bearish divergence, index as well as RSI is forming a inverted HNS pattern.
However RSI still show some bearish strength until broken the trendline. Candle close above 9356 will be really bullish for the index.
