Well, Technicals and Levels don't change much. Same old story (indicated on 21st Jan). Resistance zone is 6346 - 6362. The Index is yet to close above 6346 - today's close 6345.65. The only positive is the Index is inching up and not giving away. The market needs a trigger (or execuse) to break-out or break-down.
A break above 6362 - 78 is needed, for the eventual dash to 6415 / 6420. The only change is tightening of trailing stop. Now 6320 - 6300 is the stop for long (for tomo).
Disclaimer: Views expressed though Technical in nature are bound to change dynamically during market hours on dominant crowd behaviour. Loss of Capital is substantial in Index / Derivatives Trading.
A break above 6362 - 78 is needed, for the eventual dash to 6415 / 6420. The only change is tightening of trailing stop. Now 6320 - 6300 is the stop for long (for tomo).
Disclaimer: Views expressed though Technical in nature are bound to change dynamically during market hours on dominant crowd behaviour. Loss of Capital is substantial in Index / Derivatives Trading.
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