- Major resistance -2075 (trend line joining 2106 and 2096)
- The index has recovered till 2054 after making a low of 1993. The index is still weak as long as resistance 2075 holds.
- Any break above 2075 will take the index to next level 2096/2106. Short term bullishness only above 2108 level.
- On the lower side minor support is around 2040 and break below targets 2020/2000 in short term.
It is good to sell on rallies around 2060 with SL around 2080 for the TP of 2000
The material has been provided by InstaForex Company – www.instaforex.com