- Price managed to trade above the flag's resistance line but could not make a bullish close.
- Price tested 50 Day SMA too But could not close above it.
- If price does not close above 50 SMA Soon we may see a correction towards the lower end of the range.
- Bollinger band shows band contraction which should lead to a breakout soon.
- 50 Day SMA at 5337.
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