Focus on the 4300–4320 resistance zone (a level that failed to break yesterday; buyers are expected to attempt a breakout again today).
If buyers fail to reclaim the 4320 level, we can continue to sell into rallies, targeting the downside at 4280–4270.
Downside risk remains unless buyers can firmly establish themselves above 4320.
Short-term support lies near 4260 and 4240
If buyers fail to reclaim the 4320 level, we can continue to sell into rallies, targeting the downside at 4280–4270.
Downside risk remains unless buyers can firmly establish themselves above 4320.
Short-term support lies near 4260 and 4240
