The tipping point for the day is at 5753 with immediate resistances at 5787, 5825 and 5869.
However, on the flip side, the supports are at 5768, 5751 and 5617.
Our outlook is that the market may go up a bit more and if it happens to conquer 5869 with good volumes then fresh longs will be built up signalling a change from consolidation to a return to bullish trend. The buying spree and short covering may take the market up to the 5871 mark in the next few trading session. Traders on long side may raise their stop loss to 5624 and in case of a positive bullish opening today to 5745.
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