Update on 18 June – Price had dropped lower to 3084 and is currently at 3095. We would recommend closing the position as MACD is losing momentum and Stochastic is still declining. There is a possibility of this index moving lower but we would prefer to play safe and see how the market reopen in 15 minutes time.
Should i buy lower at 3080?
Better to follow the trend and wait for the reversal confirmation. It could go lower than 3080
thank you