Nasdaq made a comeback after it lost its handle at 13766 and managed to close a little higher for the week.
The market may start a bullish run earlier than expected as the sentiment with the Fed quickly shifted to a hold-off from tapering amid weaker than expected NFP.
We have also seen a successful rebound from the demand zone at 13500 and a breakout of a falling trendline within a rising wedge.
This week, we shall look for buying opportunities at the beginning, first entry at 13660, followed by 13620.
The market may start a bullish run earlier than expected as the sentiment with the Fed quickly shifted to a hold-off from tapering amid weaker than expected NFP.
We have also seen a successful rebound from the demand zone at 13500 and a breakout of a falling trendline within a rising wedge.
This week, we shall look for buying opportunities at the beginning, first entry at 13660, followed by 13620.