Last week the falling trendline was breached briefly but failed to hold above it..5380 will be crucial S/R for the coming week..Global markets too seem to be in pressure and moving up very slowly..CBOE vix as historical low levels..So what next..???Markets have to close over 5380-5400( NF) for a few days..for the next leg of move up..failing the supports of 5320-50 zone will take a breather and will look for deeper correction..Trade the range till a break out with strict SL's..keep booking profits as we ride up..cheers
