Again, the SL levels got triggered early on and the markets have closed in full bearish zone.
However, having corrected almost ~5% in the last 8 trading sessions, a minor pull-back cannot be ruled out.
Traders can play the minor bounce/ stick to stock-specific option till 58329/17400/37173 – we will be back in bullish zone only after a sustained close above these levels.
On further downside, the last supports for the markets lie at 56457/16960/36600.
19 Apr 22
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