Daily Chart
Half Hourly Chart
A lower high and lower low candle breaching yesterday's low , but only intra day, leaving one guessing if the fall will continue.Improving breadth since last two days makes the guessing more difficult. Volumes were higher than the previous two days. Daily oscillators are weak and moving down towards neutral zone.
Strong supports are at 5187-5175. Remaining neutral would be the strategy.
Since tomorrow is the last trading day of the week, would prefer to analyse the monthly and quarterly charts during the weekend.
Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com