EOD 9th July

We opened below the TL mentioned in last post and also yesterday's low making the bias for the day -ve. Making a dip to Blk TL possible as  mentioned in yesterday's post  .

.Also at 10:00 hour TA was poised as

Here 5 - 10 Cross over happned along with a close below hour low ema . Increasing the Possibilities of prices going down .

Now with todays close weakness in hour TF has spread over to Day TF with a close below 5  Day ema  . 5261 is day low ema which was support today , if we break this then Downward momentum will pick ...and we may see prices touching the Lower red TL as seen in te hour chart.

In very simple way ,
If we open above the blk TL seen in the hour chart , bias will be UP and if we open below it or break it then bias will be down probably to touch  red TL.
Presently HOur TA down and momentum missing , Day TA turned down but momentum missing .