Hourly Chart |
- A Head & Shoulder Pattern formation is visible on the Hourly Chart.
- Breakdown from the neckline of H & S pattern took place via Gap-down opening.
- A pull back to the neckline is also seen.
- A sell-off was again seen the last hour of today's session.
- A negative moving average crossover was also apparent on the hourly chart.
- Resistance 8060, 8100
- Support 7990, 7970, 7940.
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