Intraday Range: 17450-17700
Short Term Range: 17300-17800
Intraday Range: 40500-41000
Short Term Range: 40000-41600
Major draggers: IT, Auto, Metals & Realty
A probable dark horse: #KTKBANK
Global market is sideways. As long as we don't close above 18100, we'd be consolidating for a while. Below 17450, 17350/17200 are next major supports
Position sizing recommended: Small.
Should we be cautious? : Yes. But also be prepared for a reversal rally. It may happen anytime soon. Get into mixed trades including Both Cash and F&O. Positional Equity loss can be compensated by Intraday F&O Gains.