Last 3 sessions range broken down today after RBI Governor worries on weakening Indian Rupee yesterday. 'ABC' correction is on and today almost confirmations of corrective Wave-C beginning toward lower levels below Wave-A(5936.80).
As 3 previous sessions range broken down after negative news therefore only sustaining below the lowest(6056) of 3 sessions should be watched for confirmations. As per our view possibility of sustaining below 6056 is high.
As 3 previous sessions range broken down after negative news therefore only sustaining below the lowest(6056) of 3 sessions should be watched for confirmations. As per our view possibility of sustaining below 6056 is high.