Market View 20230908

Yesterday, we finally got a breakout, but will it be sustained. Looking at today's opening, I doubt it. While the US markets were moving down since the beginning of the month, Indian markets were moving up. Are we showing strength, yes.

12:19 PM

And today we have the second push higher. Which is a clearer signal, if this holds.

Now, we have a strong candle, but we're also hitting the resistance/support zone, which is actually a gap.