Lets start from where we ended yesterday (please donot miss the circled portion):
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And no let up seen in upward momentum so far.
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Q
And no let up seen in upward momentum so far.
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UnQ
Today's update:
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Yesterday's Hour Chart:
Today's update:
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As various median & trendline are getting breached, no sign of let up in upward momentum ( in form of negative divergence) is still visible on Hour charts though these have moved into overbought zone.
The next likely median and trendline resistances are (on daily chart):
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And on Hour Chart:
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And at all these median/TLs one must co-relate with negative divergence to play for dips.
My favourite chart for next week is the one posted by my friend Sarthak Ganatra which has been somewhat simplified by me in following way:
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And if one recalls-- 6025-6040 was a tough zone to breach last time as well.
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