Indeed the short covering on Friday saw market shoot up beyond the immediate resistance with a gap up opening. The immediate resistance for today is at 5699 and then at 5729. below 5799 the index will be weak and will consolidate with immediate support at 5679, 5659 and then at 5630.
our outlook for today is that the market will consolidate with bouts of down slides.
our outlook for today is that the market will consolidate with bouts of down slides.
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