After a long time, we are going to see some awesome downward action, triggered by Global Cues!
This was expected in any case, the global cues are just the excuse.
However we could see some recovery during the day itself.
One can initiate fresh longs around 30500 and keep a trailing SL below 30385 (conservative traders) & below 30020 for aggressive traders.
After ~30800, we could see ~31000, subject to 30020 not being broken.
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