Perspective : The 5 day profile is developing into a bell with single prints at 5576 below and 5702 above.Yesterday's profile was contained within the profile of 1/7 and a break of range or a test of the bracket extremes should be the next step in this sideways development.
Back Ground : The charts projected a 40 point range yesterday and though we were slightly off on the extremes, the day was random in nature.
Chart Speak :
1) Today's key points are at 5665 above and 5631 below.
2) 5648 is important for day bias.
The above post is for purpose of education only. Similar charts are posted for the BN, LT, RIL, ICICI, TTM, SBIN everyday on our premium website http://www.vtrender-2.com/
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