Sensex: We said, "Holding the candle's low could open up limited optimistic options..." Holding the low, the index picked a heavy 423 points firstly. However, spinning unpredictable shortly, it lost 550 points, only to improve the loss and end 374 points or 1.4 Per cent upper. Most divisions closed flat to optimistic. Bank, capital goods and auto stocks outperformed while the A/D ratio turned positive 2:1. The action formed a Harami Black, with a Bull Body inside Tuesday's Bear Body. Its high was testing the 200-day EMA. Strength/close over the candle's Head can open up optimistic options. However, loss to continue over the Head will stay the action unpredictable, dull, even downbeat. For larger optimistic options, strength over 27604 is required.
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