The key level to watchout for is 2725. In the last 7 trading sessions the bears are not able to close the market below this despite OR rather inspite of everything. On dialy charts its the yellow line. As long as it holds good. A closing below this, watch for 2680 the neckline of the H&S pattern (green line).
The weekly charts are also bearish in a sense that we have a fall then consolidation (going on) and again a trianle breakdown MAY happen.
All in all a tight range for traders, so keep trailing stop losses.
Expected Range (NF): 2630 - 3000.
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