Not so much of tug-of-war at 2600 but strong defence at 2620-2630 lvl. However, trading was quiet, tight range. Bulls worked hard to neutralize some of last week’s negetives.
Good news for bulls as May10 is trading back above 7SMA. But can only cheer if it crosses back above 2650, targeting 2700 and to avoid crowding together with the SMAs.
2580-2650 is a range bound play.
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