Bulls defending critical supports. What's next???
From past few days Bulls trying hard to defend critical support zone 9030-9000.
Friday in first half , they lost this zone but they reclaimed it in 2nd half of the day and closed above it.
Bulls get strength above 9175-9200 zone.
Incase bulls succeed in surpass 9200 level, we can expect minor pull back rally to squeez shorts.
Today Bears again strike to break down 9030-9000 support.
We need to watch who will win the battle.
Whoever wins trade in that direction.