Last week it was mentioned that that sustained above 28300 positive bias
would continue. But it was unable to hold and made a low of 27777 and closed
at 27893. Short-term trend down until or unless we recommend to sell-on-rise strategy in next few sessions with tight stop loss. However any panic, do not
play short and sell blindly.
: Today :
Buy and Buy...
Support range 28000-28100
Resistance 28500-28600 range
Mtech Tips: Last week we had gone bullish above 56000. But it was unable to cross major
resistance of 58000-58300 and started some profit booking/selling at higher
level. Now in this week, we may consider resistance at 57000-57200, and
support range at 56000. Breaking out this range would move one side in either
side.
: Today :
Buy and Buy...
Support 56831-56510
Resistance 57500 - sustained above
Overall buying in the market.
Mtech Tips: Trend is very choppy and last week once broke 417, non-stop slide was seen up
to 410, but again it took support and made a close at 420. We recommend
traders to buy on decline as long as holds 408... for target 425-432-442 in
coming days.
: Today :
Decline to best buy...
Do not panic at lower level.
Above 427 super hot buy
For target 450+
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