Resistance came at 6093, support broken through 5940! And we are set to a down move again.
Weekly Analysis:
Daily Analysis:
Summary:
Weekly & Daily Down. However, the weekly chart shows an immediate support @ 5620-5660 level. Daily however shows a channel support at 5660 is already hit. Monday opening will give a clue. However, such supports provide opportunity look for selling than buying as larger trend is down.
Resistance to short may come around the midpoint of 'O' column at 5820, which is also the resistance level as per weekly pivot.
And, as I mentioned in my last post, this time the VPO in weekly chart is going to be very grave 4780!
