Good morning, everyone!
On Wednesday afternoon, I shared a chart giving a longer timeframe view and mentioning that we might see 40,000 first, followed by 40900 in the next few sessions because the short-term bottom was hit and a bounce back was seen.
The day before and yesterday, the US markets kept going higher, and hence we can look at a positive opening today and hopefully that should sustain, though yes, there would be profit booking too. Overall, what matters is that the markets should hold this zone and try to give a bigger breakout.
Wishing you all a Profitable day ahead.
