Intraday move largely to be southbound as long as prices remained float below 47320 region. However, steady trades above the aforementioned region could lift prices higher.
Witnessing buying momentum may extend in the session to come. Although retreating trades below the downside hurdle of 69700 may grab prices lower.
Present buying sentiments possibly to strengthen in the upcoming session if prices stay above 4770 region. Although substantial trades below the same may be a sign intraday weakness.
By breaking the upside hindrance of 223 could would be a sign of broad buying to continue. Botched attempt to mark such trades may gradually take prices lower.
A downside corrective move may be seen only establishing trades below 757 region. If not, could anticipate broad buying to continue.
Prices likely to gain higher in the coming session if prices stay above the 1320 region. At the same time, dip below 1320 would be a sign of long liquidation move .
Prices still have room for further gains in the coming session. But a steep fall which settled below 234 may squeeze down prices lower.
Restoring trades above the region of 175 would be a sign of further buying in the coming session. Failed to mark such trades may grab prices lower.
Prices have been approaching towards the immediate hurdle of 196.50 region. Break above the same could lift prices higher. Else hold the same for a downside corrective move.
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