So far prices have been trading in a range with less indicative. While on later sessions, we favoring early trades to be positive pointing towards 28800, but unlikely to continue that buying momentum unless above 28830 region. Above 28830 we could expect 28980/29100. Conversely a vertical drop though 28550 region
would be an indication for weakness towards 28450/300 then to 28100.
would be an indication for weakness towards 28450/300 then to 28100.
A flat trading range is expected today. Early attempts to a rise would be capped near 57600-900 regions but may not call for steep fall unless close below 55300, where the 51 day moving average support is placed.
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