Positional: Daily Chart shown below with a good Downward Bias-
Now, the possibility arising are -
1) Short on BPB of the Low around 7940. Tgt is way below at 7750. Move should be fast enough & COBB will give more confidence.
2) Let it take a breather till 8160 & short it there. MBB should act as resistance & should support our position.
Now, the possibility arising are -
1) Short on BPB of the Low around 7940. Tgt is way below at 7750. Move should be fast enough & COBB will give more confidence.
2) Let it take a breather till 8160 & short it there. MBB should act as resistance & should support our position.
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