Index failed to surpass the ‘crucial’ level of 2955 and subsequently dipped to 2658 levels, but equally, averted falling below the ‘absolute’ low of 2566(3rd July), before mild recovery in the last trading session. I am continued to hold my “pending rally” view on the index, as mentioned earlier. The level of 2955 is still important for key reversal, oce surpassed; target is 3200-3215 in the near term.
