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DOW at important support after last session fall of 1000 point | SEBI Registered Investment Advisor - Vinod D | Traders and Investors

DOW at important support after last session fall of 1000 points.

1. If it manages to take support at current level, we can expect it to test the resistance around 33080 zone and further breakout above 34500.

2. If it fails to hold the support, it is likely to correct towards 31300 zone and try to take support from there and test further zone stated above

3. Unlikely and least probability, if if fails to hold above support and breaks down it creates a possibility of testing 28000 zone.