Estimates for 2nd June.
The morning open of 4955 against a close below it, shows the conviction of bulls once again to hold the level. Confirmation of this will be a trade above 4967. The opportunities to look for shorts may come further up at 5004-5017 levels or below yesterday’s lows. We have seen the ability of the seller […]
Intraday update
Here is the updated version of the chart I posted at 11.00 am this morning. In an earlier post I had mentioned that buyers would step in to defend the levels around 4954-4967. Notice the rotation taking place here. The Low so far is 4958. The afternoon action has been fast and furious, but we were […]