Very good morning and Happy Teacher's Day.
What happened yesterday was a perfect example of the retest of support and bounce. What I feel now is that it can take a dip from higher levels. This higher level should be the most meaningful resistance around 19580 to 19600. I must add that there can be the possibility of overshoot and it can go up to 19630 if momentum hits.
In the lower side support in the zone of 19420 to 19400. I still believe that the market is denying fall but it should come to hit 18800 levels with N line support at 19250. We need close below 19250.
Let us see how market shape up today. Do join me on twitter for my live updates
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