We saw an impressive bounce in the market last week and now it appears to be taking a breather. Will market break through 8500 level!!! Which is most probable scenario and path of least resistance at this juncture?
Market is experiencing a bounce after massive down move earlier. Such a behavior is inline during corrections. Are you prepared for the next move in the market?
After bouncing briefly, Market has continued its down trend which we were expecting. We believe readers of this blog were not surprised, rather they probably understand market behavior and are well informed to make intelligent investment decisions going forward. Lets take a look at this weeks chart...
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