We had seen a blood bath on Friday trading session. Sentiment was high because of RBI governor press meet and we were closed 456 Point negative on Friday Trading session , Question is Does we see s short covering on Tuesday Trading session Or Trend will be Continue ?
Technical View ================= Index is volatile in Intraday and in downtrend but as I always said that new day if different then Previous one so do not make pre view when you're an Intraday trader.
Resistance : Index short term Resistance area is 17900. Support : Index Short Term support on 17000
Trade Setup ================= Long : Long Position can build above 17410. So wait for this level to come in Intraday. Short : Short Position can build if Index break Friday trading low which 17090.
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