Markets gave the
classic jerk (
sharp one) last week..The last
major swing we crossed was at
5400 (NF)..supports lie there below which we can keep trailing all the way to
5200 or lower..
5526 seems to be the
S/R for the coming week with a range of
5600 to 5400 as a trading possibilities..The correction is not over as yet ,so be a trader and also use opportunities of ride back for liquidating long positions if still not liquidated..
cheers
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