Yesterday after breaking 4972, market fell to 4931 a 10 point trial would have given a profit of 30 points on downside.. then again when it breaked the upside, at 4992, it went till 5029 the actual target ; then again you could have gone long at 5048 ;
Today's levels ;
market comfort zone is 5020 to 5100 ; 5020 is good buying point and 5100 zone is a good selling point..
5100 to 5140 indecisive zone buyers taking control above 5140 only buyers zone..
5020 to 4980 indecisive zone sellers taking control below 4980 only sellerls zone..
The interesting thing to note is 5020 is also pivot level, that being the case it is preferable to go long only (don't be short above 5020 levels and long below 5020 level )
Today's levels ;
market comfort zone is 5020 to 5100 ; 5020 is good buying point and 5100 zone is a good selling point..
5100 to 5140 indecisive zone buyers taking control above 5140 only buyers zone..
5020 to 4980 indecisive zone sellers taking control below 4980 only sellerls zone..
The interesting thing to note is 5020 is also pivot level, that being the case it is preferable to go long only (don't be short above 5020 levels and long below 5020 level )
