The short-term moving averages – 5-DMA & 10-DMA –have topped out, which suggests the bulls need to take out the resistance at 6945 soon else a bearish crossover could yield a correction to 6500 levels.
Nevertheless, the dips could be bought into as the daily chart shows a bullish break from the falling channel.
Nevertheless, the dips could be bought into as the daily chart shows a bullish break from the falling channel.
