as we can clearly see it has successfully closed below 21 and 51 EMA and broken the trend line with huge volumes
it can come down to 18250 level where it meets the 200 EMA to retest....
we all know that when ever market moves away from MA's always // trendline breakdown + support lvl break + MA break.. + correction after an up move..//
it again comes to retest it from time to time..
and also 18250 lvl lies at 50% fibo retracement which shows that its very important level..
even it dint take any price wise correction after breaking 18000 mark..
we can clearly see a rejection and huge sell off from 18550-18600 level
it can come down to 18250 level where it meets the 200 EMA to retest....
we all know that when ever market moves away from MA's always // trendline breakdown + support lvl break + MA break.. + correction after an up move..//
it again comes to retest it from time to time..
and also 18250 lvl lies at 50% fibo retracement which shows that its very important level..
even it dint take any price wise correction after breaking 18000 mark..
we can clearly see a rejection and huge sell off from 18550-18600 level