Resistance from the green trendline was taken out very easily with a close above it. Volumes were good and breadth negative. Nifty shares breadth however was positive with a 3:1. This shows more activity in frontline shares only. The broader market needs to start participating to sustain the uptrend.
Half Hourly Chart
Negative divergences and overbought conditions have led to a reaction from the strong resistance of 5770. Supports are at 5720-5670-5609.
follow me on twitter http://twitter.com/#!/lucksr
Happy Trading !!