This zig-zag up move may continue for some time, but wave structure
showing that another round of panic may push the market more deep then
expectation.
Therefore don’t be trapped at higher levels.
First resistance of the day is 9235.25;
Above this next resistance is 9319.50 or 9326.80.
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From any of the resistance
an intraday correction of 548/550 points is quite possible.
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