With the way US markets closed on Friday, it is almost a certainty that our markets will open with a gap down tomorrow.
In case of a gap down, the support zone marked on the chart might come into play, and if held, longs can be initiated.
I still believe expiry will be near 6250 or above (I can be wrong, please do your own research before going long).
Options data will provide a clue about expiry levels as Monday and Tuesday progress.
In case of a gap down, the support zone marked on the chart might come into play, and if held, longs can be initiated.
I still believe expiry will be near 6250 or above (I can be wrong, please do your own research before going long).
Options data will provide a clue about expiry levels as Monday and Tuesday progress.
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