Daily Line Chart
Daily Candle Chart
Half Hourly Chart
- The day was a slow upward movement making a higher high and a higher low.
- Failed to make a breakout from the downward trending line.
- OBV has shown positive divergence on daily charts .
- Rsi 14 and stochastics too have shown positive divergence on daily charts.
Immediate resistances are at 4814-4827 . A sustained move above this level is required for further upsides.
Immediate supports at 4772-4768-4758.
Broad trend being down, one can be cautiously long once the downtrendline from 5310 is decisively broken.
Happy Trading !!