Written 8 pm Tuesday evening for Wednesday’s trading
Tuesday’s Session was
Cycle Day 1 (CD1): Cycle Day 3’s decline fulfilled the downside range objective setting up Cycle Day 1 Low (3636.25) which was successfully tested during overnight trade. The rally which began during the Globex Session took firm control above the 3660 handle which was yesterday’s Line-In-Sand (LIS). The upside objective of 3688 – 3690 zone which was highlighted in PTG Trading Room has been fulfilled. Range was 52.25 handles on 1.218M contracts exchanged.
…
This leads us into
Cycle Day 2 (CD2): Core cycle objectives have been fulfilled. As such, with the price closing near the previous session high, momentum may take the price above 2-day high of 3690. Should this unfold, price is within striking distance of retesting all-time highs. Potential retracement within range would initially target 3675 handle. There are two estimated scenarios to consider for today’s trading.
Residents to have a say in infra design
Residents to have a say in infra design
ByNaveen MenezesNaveen Menezes / Updated: Dec 13, 2020, 06:00 IST
DULT selects 8 groups who will help officials finalise designs to be implemented at Rs 50L each
For the first time, resident groups will have a say in the design of cycling and walking infrastructure in their localities. The proposals shared by eight active communities on improving the cycling and walking infrastructure in their neighborhood have been selected by
the Directorage of Urban Land Transport (DULT) as part of its Sustainable Mobility Accord (SuMA) programme. These groups will sit with the officials and experts to finalise the design that will be implemented at a cost of up to Rs 50 lakh each.