The index posted a strong recovery in the last 75 minutes of trade only to close just 9 points short of the day high; for the moment, it appears as if a recovery appears to be on the cards and more so because today is a Friday. To show real strength during the day, it needs to stay above 8610. If it were to do so, it could scale up to test 8640 50 points kind of a range; once it takes out even that, its next destination would be 8690 8720.There is a virtual disconnect here, the Bank shows quite a bit top heavy; it could come down to test levels close 18000.
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