Today's upmove looked largely on short covering and less of long build ups.
For the week we have bounced of the weekly trend decider around 14720-50 areas and have now that as a support.
Scenarios from Here on
1. Hold and get above 14890F for a match forward.
2. Fail to hold above 14830F and get below 14750F for a potential rotation downwards and break of weekly lows.
For the week we have bounced of the weekly trend decider around 14720-50 areas and have now that as a support.
Scenarios from Here on
1. Hold and get above 14890F for a match forward.
2. Fail to hold above 14830F and get below 14750F for a potential rotation downwards and break of weekly lows.
