On the technical front price is seen regaining the 200 days moving average.
In momentum oscillators daily indicators are seen dipping lower below mid range in line with price action.
The stochastic is hovering around oversold territory for quite a while as it gets ready to generate buy signal soon and the same is seen in RSI (14) and M.A.C.D indicator. Weekly indicators shows similar picture as they dip lower below mid range.
Weekly indicators shows similar picture as they dip lower below mid range.
Our strategy : short on rise with stop placement above 6800 whereas long on dip with stop placement below 6450.
William Albert Blog 
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