In yesterday’s weekend view we saw that the
bias was on the positive side. Today we
saw a definite move to break the supply zone around 9665. The index has now
moved into next higher zone and the upside move should continue. I am not going
into more detailed analysis as the volume data is suspect. The volume data is
very low and it is not clear if this is actual correct or error data. The
technical glitch has thrown up lot of bad data for so many stocks. Waiting to
see if NSE will provide an updated data for the day. Otherwise some intelligent
manual correction may be required so that our analysis does not get distorted.
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