Scaling 5750-5944 should bring in some strength else expect the downmove to continue.
A good followup to last week's bullish candle on good volumes.The bias was changed to positive with a higher high higher low candle.The previous minor peak at 5605 has also been scaled which is the first confirmation of reversal. Confirmation of the potential double bottom at 5177 - 5196 on scaling of 5944 pending.
The downtrendline from 6338 however proved resistance once again.Resistance on this line at 5685 for the week.Other resistances at 5725-5840.
Till the lower high of 5944 is scaled catious on longs.
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