THE INDEX HAVING CROSSES AN IMPORTANT RESISTANCE AROUND 82.5 KISSED 83 LEVELS. HOWEVER IT FAILED TO CROSS THE RESISTANCE AROUND 83.7 AND AGAIN RETRACED TO 82.5 LEVELS. THE INDEX HAS MAJOR SUPPORT AROUND 82 LEVELS AND AS LONG AS 82 LEVEL IS MAINTAINED THE VIEW REMAINS BULLISH. AS OF NOW WE BELIEVE THE INDEX IS SLIGHTLY IN A OVERBOUHGT ZONE AND MAY WITNESS CORRECTION.
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