We had an inside day yesterday which means the market traded ''inside'' the previous daily range. This indicates a break out is looming between 5300 and 5400.
Key support lies at 5360 and you will remember this was a key level for us when we were shorting. This was resistance but this has now turned into support. As long as the market holds this level , the bulls are in control and a break out above 5400 is favoured.
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