Downtrend Scenario: Key support levels: 3930.2  3861.9   3808   3745   

As soon as the market falls below support level 3930, a downtrend will start. Pending further strength below this support level, the market will soon drop to support level 3861.9. From here, the market will descend further to support level 3808 and 3745.8 respectively.



Uptrend Scenario: Key Resistance Levels: 4095.4  4134.9  4210.1

However, a rally can start as soon as the market rises above its resistance level 4109.3. After that, it will rise to its resistance level 4134.9 and 4210.1 respectively.

 Happy Pips!