As selling yesterday and consolidation was must for decisive up moves therefore sideways trading between 6304-6319 after strong break out of last 3 sessions range. Sustaing beyond this range will be confirmation of:-
1- Valid break out of last 3 sessions range above 6319 and resultant strong rally in next week.
2- False break out of last 3 sessions range below 6304 and resultant firstly down moves and deeper correction confirmation will be below 6260.
1- Valid break out of last 3 sessions range above 6319 and resultant strong rally in next week.
2- False break out of last 3 sessions range below 6304 and resultant firstly down moves and deeper correction confirmation will be below 6260.