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- Major resistance -5950
- Major support -5780 (55 day H EMA)
- The index has broken 5880 (Yesterday's high) and jumped till 5900 at the time of writing. It is currently trading around 5896.
- Short term trend is slightly bullish as long as support 5780 holds.
- On the lower side any break below 5780 will drag the pair down till 5720/5645.
- Any break above 5950 will take the index till 6000/6050.
It is good to buy at dips around 5800 with SL around 5720 for the TP of 5950
