The intermediate trend dow sell signal has been triggered with the low of 10017 being broken decisively.The lower high of 11978 needs to be taken out to shake off the bearishness.
Highest close in the last seven days.The gap up action adds to the short term bullishness.Breakout from the steep downtrending channel would bring in the short term bulls.
Resistance at 9555-9895. Support at 9416-9322.
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