As written a week ago if the level of 12300 is sustained for 3-4 weeks we should reverse..
The level has been tested once and a double bottom IS A POSSIBILITY.....If the bottom is not breached for another 6-8 trading sessions expect a big reversal ...All indicator guys will then come supporting...
Above were the words some days back...We continue same view if 12300 which is a good support if maintained big reversal on cards...Weekly close above 13000 and sustaining above 13300 levels for 4-6 sessions will negate all bearish signals...
Yesterday being a religious function could not update muh..
Stocks to look for trading :
Indus Fila newlisted stock looks good for quick movement on charts ...
ENIL looks good for movement in coming days ..
Will Update on messenger no time o post charts ...Putting this up at 9.45
Nooresh
