Bears On the Way But Still Hibernating.
Already this was the third day day with a close below 5497. Bearishness still Prevails.
For tomorrow resistance lies at 5475-5480 Above which 5502 and 5565 are the resistances. Contrary Below 5430-5435 Major support lies at 5380-5410 range where buying can be done with strict SL of 5377.If 5410 or 5377 fails to hold then we would get 5258 levels within a short time.
Sell on rallies is confirmed and till we do not close above 5595-5610 the Bears will be in full force.
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