Technical Positions,today Outlook and next possibilities have already been posted in following topic with 1 Chart yesterday therefore not being repeated today:-
"Post-closing Report(06-04-2011) & Tomorrow Outlook"
It was clearly told during trading hours yesterday that intraday charts are showing selling signals between 5880-5910 and supressed sentiments today due to weak Asian markets and hike in Crude rates in internetional markets.
Base formation and support between 5857-5870 on 05-04-2011 and deeper correction confirmation point will be below 5855. Firstly trading will be betweeen 5880-5915 and next moves confirmation range is sustaining beyond 5855-5945.
As selling signals yesterday therefore dipping is possible after subdued weaker sentiment today morning and today follow up selling will mean deeper correction. Final views will be formed after watching today intra day charts.