Half Hourly Chart
Daily Line Chart
- Support taken on lower trendline of sloping channel shown on half hourly charts.
- Third consecutive day of lower top lower bottom on daily charts.
- Line charts show a lower top and has helped in keeping in mind that the breakdown target of 3850 is still valid.
- Closing below 4942 will be indication of further weakness.
- Daily oscillators too have been weak through the rise from 4538.
- Supports marked on charts for reference.
Happy Trading !!