The market has recorded a recovery which improves the undercurrent. The market continues to be in a corrective phase and the long term trend remains up. The market is expected to remain volatile in view of expiry of derivative contracts due on 25th this week.
For the next trading session if indices trade convincingly above 19,990 / 6,020 levels then they are likely to test 20,057 - 20,250 / 6,076 -6,100. On the downside, 19,720 - 19,504 / 5,934 - 5,865 may act support for the day.
For the next trading session if indices trade convincingly above 19,990 / 6,020 levels then they are likely to test 20,057 - 20,250 / 6,076 -6,100. On the downside, 19,720 - 19,504 / 5,934 - 5,865 may act support for the day.
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