A positive move with the downtrendline from 6338 being broken once again.Support on this trendline is at 5657.5576 should be good support on the redrawn support line of the rising wedge.Test is to see whether the breakout is held this time. Unlike the Bank Nifty the OBV still remains below the downtrendline from the highs made in November 2010.This shows volumes are not keeping up with the move.
Half Hourly Chart
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