If we see Dow Jones, 50 WMA support around 33000 and is trading above previous resistance of 33200.
It'll act as crucial support and levels for next few weeks & for the next month.
Doji is in making for the week, which is acting as clear indecisiveness.
absolute buying interest will be above 34000 levels we can see clearly, otherwise sell on rise as the pattern (we are seeing in past has formed), around 29700 is visible as next support that is 200 WMA.
Nasdaq has to play crucial role, if it move towards 13000 we will definitely enjoy new highs in Nifty as well.
RSI has acted positively with RSI bullish divergence forming near lows.
Watch out for it.
It'll act as crucial support and levels for next few weeks & for the next month.
Doji is in making for the week, which is acting as clear indecisiveness.
absolute buying interest will be above 34000 levels we can see clearly, otherwise sell on rise as the pattern (we are seeing in past has formed), around 29700 is visible as next support that is 200 WMA.
Nasdaq has to play crucial role, if it move towards 13000 we will definitely enjoy new highs in Nifty as well.
RSI has acted positively with RSI bullish divergence forming near lows.
Watch out for it.