Important Resistance - Day LEMA and Day 5EMA - 5210 - 5230
Important supports - 100 DMA and 200 Hr MA- 5170-5185
Total weakness below 100 DMA would lead to 200 DMA at 5090-5100.
If EOD close above 5230 - then apause in Down move.
So SL for the Positional shorts taken at 5330 levels trailed to EOD close above 5235 - 10Points above Day 5 EMA
CHECK LIST-DAY | |||
CLOSE | 5193 | 5 SMA | 5232 |
PIVOT | 5204 | 5EMA | 5226 |
HI EMA | 5263 | 10EMA | 5240 |
LOW EMA | 5212 | 13EMA | 5235 |
prev HI | 5237 | 20 Hr MA | 5222 |
prev LOW | 5182 | 50 Hr MA | 5262 |
10 DMA | 5273 | 100 Hr MA | 5263 |
20 DMA | 5226 | 200 Hr MA | 5183 |
100 DMA | 5172 | ||
200 DMA | 5090 |
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