Today we saw the index open above
the crucial level of 9220. But the index
did not see demand coming in and drift lower to next important level 9175. The
spread was less than average and the volume was very low, in fact the lowest in
the recent times. In fact there was no
interest from the smart money. The supply
too was absent as clearly indicated by very low volume. W can expect Demand to
step in the next couple of days and the next attempt to make new high will
start.
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