Half Hourly Chart
Hovering around the 50% fibo level of rise from 5196 to 5740. If holds then a good level to rally from so could get a sustainable rally. The gap still partially filled only. A bear flag seems to be forming with resistance at 5530-5534 and support at 5470-5478.If breaks this support then the downtrend resumes. If breaks the resistance then the gap needs to be filled first to be able to rally.
follow me on twitter http://twitter.com/#!/lucksr
Happy Trading !!