Wednesday, May 16, 2018

Trend reversing?

Following message was uploaded in morning first hour.

NS - Sell on Rise between 10770-80 with SL of 10810 at Close level. More weakness evident below 10720. 
BNS- Sell on Rise between 26320-7- with SL of 26750 at Close.
More panic may be seen below 26100.

Now new Update after current scenario:

NS broke crucial level and went down. 
but BNS took support and did not breach crucial level of 26100, but got support near it.
No watch for Resistance levels posted in morning and Short near it, with SL given.

EOD Update:

NS and BNS have given opportunity to SHORT at levels specified in first hour today.
It took support in BNS at level of 26100 and RESISTED in NS at levels specifies.
Now at Close levels, 10724 in NS and 26099 in BNS are breached, markets may fall further.
On Upside, 10835 for NS and 26566 in BNS at Close levels, until crossed, markets may not resume upside move.