You can see that market was consolidating for last 2 days and now you can see breakout on the positive side. Market might open today above 5900. If it sustains 5900 for first 2 hours, you could see market move upto 5950.
Support: 5830 - 5850
Resistance : 5920 - 5950
If market fails to make high, then there could be sideways consolidation again. Market can continue its upward momentum according to me.
Support: 5830 - 5850
Resistance : 5920 - 5950
If market fails to make high, then there could be sideways consolidation again. Market can continue its upward momentum according to me.
A vessel carrying U.S. soybeans was unloading its cargo worth at least $23 million at the Chinese port of Dalian on Monday, becoming one of the first shipments to incur hefty new import duties as the trade row deepens between Beijing and Washington.
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