The Index spends the end of last week and early this week attempting to break out at the major resistance level at 6065.00 but failed. In yesterday's session, we saw the Index fell to the critical support level at 5919.70 but managed to hold and closed the trading session above this significant point.
Today's opening trades, we saw the Index bounced off at 5919.70 and headed towards 5976.20 at the time of writing. The Index could continue to retest the major resistance at 6065.00 if it holds 5976.20
Major critical price points to watch are estimated at 6065.00 resistance and 5919.70 support.
Today's opening trades, we saw the Index bounced off at 5919.70 and headed towards 5976.20 at the time of writing. The Index could continue to retest the major resistance at 6065.00 if it holds 5976.20
Major critical price points to watch are estimated at 6065.00 resistance and 5919.70 support.
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