Closed at 415,09 with bearish candle and higher volume.. indicators in general showing bearish signals too . and possible formed decline channel .. To be bullish need to close above Friday candle (above 444) then it can be turned to long signal but its more likely to continue moving down for some time then possible jump to 600 as achievable long term target. strong support at 350 and its key point for now . 385 also good support and can play as bouncer level.
Summery: More bearish signals than bullish ones. down move targets 385 - 350 - 312 - 287 - 260 . Up move 444 then 475 and 540 -600
Summery: More bearish signals than bullish ones. down move targets 385 - 350 - 312 - 287 - 260 . Up move 444 then 475 and 540 -600
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