Ensuing buying may persist towards the upside objective of 52950 then to 53350. In this positive note, a long liquidation move below 52200 may push prices lower.
Broad buying still intact, but need to challenge above the hindrance of 71250 for such move. Else hold the same for a corrective move toward the downside of 67400 then 66200.
Major buying could see only by promising trades above 3220 and such move may test 3240 initially followed by 3285. Inability to sustain above 3220 may push prices lower to 3090/3035.
Prices largely to trade lower in the coming session towards the downside objective of 158.40 then to 155 region. But rise above trend line hurdle of 167 could lift prices higher.
Intraday weakness may establish only below 503.40 region. Which if remain untouched could expect prices recovery to 508.50 followed by Bollinger middle band level of 511.20.
Intraday move is expected to be down side with SMA objective of 1068 firstly then to 1059. Nevertheless, rise above 1093 could lift prices higher.
Prices possibly to trade in the range of 189.80-186. A firm move which come across any of the above mentioned region could set the directional move.
Prices possibly to trade lower in the upcoming session towards the 152.40 then to 151.80 region. But solid trades above the Bollinger upper band level of 155.50 could lift prices higher.
Decisive trades below the 143.60 may push prices lower. Else hold the same for price rebound towards 145.80 then to 147.
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