Only 8275 will confirm next big Trend
Mid-session Outlook(05-01-2017)
Although flat closing yesterday near the lower levels of the day but whole day consolidation patterns formations were seen therefore fresh up moves expectations were projected at 05:50 PM yesterday and that is being seen since gap up opening today.
Certainly strong up moves today but immediate resistances are just above today highest(8251.85) between 8250-8275 which are technically not much strong but most crucial because that will decide waves structure of on going that correction which started on 07-09-2016 from 8968.70 therefore only 8275 should be watched for the confirmation of next big trend.