Previous trend: Bearish (1645 to 250) Present trend: consolidation (price has reversed Downward by making higher low), Prices trading above long term averages. Support:415 and 335 Resistance: 783 and 948 Pattern: Inverse head and Shoulder breakout above 464 Volume: Volume increasing at lower levels. Sign of Accumulation. last breakout rally had highest volume. The selling Volume is too low. Price invalidation level/stoploss:335 on Weekly Closing Basis.
Disclaimer: Only for educational purpose. Do trade as per your risk management.