Recap:
Was grossly wrong in gauging the market. It went 4 pts higher than expected!
Weekly Analysis:
Daily Analysis:
Summary:
Weekly on resistance, Daily down. Even after this week's upmove, there is significant down side pressure (I'm writing this when US markets are ~2% up). But till it does not clear the BrRL in weekly chart above 5300, I will be very cautious.
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