As mentioned in my yesterday's post, till 6020 we have to keep considering the following two alternatives:
Bearish one:
.png)
Today's update:
.png)
Bullish View:
Today's Update:
.png)
Tomorrow a minor retracement to 5960 and then upmove above 6000 again-- that would decide the future course.However,if we have a opening above 6020 again with a gap-up then Bearish view shall have to be dumped altogether and any dip then on would be considered as retracement of Impulse 5864-602X.
Daily Chart:
.png)
Bearish one:
.png)
.png)
Bullish View:
.png)
Tomorrow a minor retracement to 5960 and then upmove above 6000 again-- that would decide the future course.However,if we have a opening above 6020 again with a gap-up then Bearish view shall have to be dumped altogether and any dip then on would be considered as retracement of Impulse 5864-602X.
Daily Chart:
.png)
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