Good Morning friends,
So finally we are in the zone of 15850 to 15900 and this is resistance zone. This is the zone where optimism died every time in recent past. Now, it may be 15900 as top or 15960 as top, it hardly matters but bulls are so far not ready to take it higher from here.
Hence today is another crucial day. Will it take another attempt to cross?
Hard to answer. Let us see but history goes in favour of bears. Once again, I will be in search of opportunity to trade on short side with strict money management.
Some day some time, it will break the range.
Happy Trading.
