Heres the channel of 'doom' that has been playing around for the past few months...This here shows the lines that our market needs to get above to confirm bullishness....Till then chop chop and maybe a good opportunity to pick up some good scrips...I said yesterday...we can get to 4620 and pull back from there...been there done that...now what next?....Maybe we pull back to 4520 area and try once more 4620...above 4620, we can rush to 4700 area and then again pull back...
Honestly I would love to see 4300/4250 so I can load up on bullish positions...But we might not get it...Maybe we only get 4450/4400...But lets not jump ahead of ourselves and see how it plays out...I see market moves as part of a big puzzle...And one by one the pieces should fit into place...!...Its key to be patient..!
Best.
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