Daily Chart
The lower high lower low candle continues.Close however was above the 50 dema and the candle formed has a long lower shadow indicating stalling of the selling.This could be temperory unless it breaks out above the green downtrendline at 10387 to begin with.The positive divergence on OBV is intact indicating buying strength.
Daily Chart II
Half Hourly Chart
Breakout from the short term down trendline and the possibility that a right shoulder is forming keeps bullish views alive.
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Lakshmi Ramachandran
www.vipreetsafetrading.com
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