The Index is currently trading in an uptrend parallel channel, and momentum also indicate that the bulls are still in control of the market, so the interesting thing is are we going to see a pullback to level around 16500.00 level for us to get into the trade or the index will still go up.
A deep pullback to around 16000.00 will still provide good entry levels for one to get into the trade, Will wait and see what is going to happen.
A deep pullback to around 16000.00 will still provide good entry levels for one to get into the trade, Will wait and see what is going to happen.