Firstly more than 2 hours consolidations and supports between 5683-5710 but after that without force up moves therefore higher levels selling also can not be ruled out. As terrorists attack in Bangalore therefore fast slipping from higher levels but complete confirmations are required because technical positions reverses after such news based markets. Following levels should be firstly watched now:-
1- Valid break out of today trading range(5670-5731) will be next trend confirmation
2- Sustaining beyond Long Term Trend decider 200 Day EMA(5664)
3- Next resistances are between 5740-5770 and fast rally will be seen above 5770.
1- Valid break out of today trading range(5670-5731) will be next trend confirmation
2- Sustaining beyond Long Term Trend decider 200 Day EMA(5664)
3- Next resistances are between 5740-5770 and fast rally will be seen above 5770.