Players might adopt a wait-and-see mode to see if today’s sessions would mimic yesterday’s performance where rallies were capped by profit-taking.

Headlines remain locked on progress over vaccine deployment, & the numbers of new cases.

Recommendation

Overall, it would be prudent to check on new bases being formed at current levels.

Immediate support is 7,200- 7,300, resistance 7,350-7,370.

LEAVE A REPLY

Please enter your comment!
Please enter your name here