Weekly charts are still bullish The breakout from the rising wedge shown in red has led to a sideways movement and still well above the uptrendline from March lows.Negative divergences on oscillators persist.Support for the week on the uptrendline is at 4983.
Daily charts too are positive barring the negative divergences persisting on the oscillators. Support on the uptrendline for the day is at 5026.
Stop loss for positional longs at 4900 on a closing basis.
Happy Trading !!