Daily Chart
Half Hourly Chart
The gap up opening and the gap remaining unfilled gave a bullish feeling .But the move remained below the high of Wednesday's bearsih candle -5645 and the previous high of 5654.The rising wedge break down too remains valid.Resistance from the downtrendline looms large at 5660.
Half hourly charts shows the sideways action more vividly. Till these resistances of 5545-53-60 is scaled decisively bullishness would return.
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Lakshmi Ramachandran
www.vipreetsafetrading.com
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