Although good recovery from lower levels after good consolidations but not sustaining at higher levels within next resistance range(5960-5981) and slipping from higher levels therefore no confirmation of rally beginning yet. As Bearish Rising Wedge formations near the top of day today therefore firstly sustaining above today highest(5972) and after that 5981 is must for next up trend.
Market takes its own complete time for the preparation of next moves and same is being within sideways markets between 5960-5981 for the last 4 sessions. As lower levels good consolidation and after that higher levels intraday selling today therefore only volatility will be understood and today trading range(5900-5972) valid break out will be next trend first indication as well as confirmation will be sustaining beyond 5870-5981.
Market takes its own complete time for the preparation of next moves and same is being within sideways markets between 5960-5981 for the last 4 sessions. As lower levels good consolidation and after that higher levels intraday selling today therefore only volatility will be understood and today trading range(5900-5972) valid break out will be next trend first indication as well as confirmation will be sustaining beyond 5870-5981.