Likely to consolidate for about 15 days.

I think the support at 402 will be held and the consolidation around the two support/ resistance lines will continue for two to three weeks before any directional move starts.

Kommentera:

Returned from a long term ascending resistance at 602 today which is expected to be crossed in a day or two provided it is closing above 572 which is very important level for the next couple of days. There will be free run if these restrictions are overcome in due course.