5950 hurdle was broken but on a closing basis closed below the level.
Weekly Analysis:
Daily Analysis:
Summary:
Weekly resisted, Daily down. Weekly hitting the BrRL, daily BlSL around 5900 level, however the pullback can retrace different Fib levels - most promising as of now looks 5800 level (minor VPO also lies in this zone).
Technically the Bearish scenario that we talked about last time with VPO 4940 is not there as there has been a double top buy signal. Still otherwise proved, we should be looking at buy in the support zones.
