The reversal has happened, halfway-support at 5160 - 5200. Further support at LT UP channel at 5020 - 5070. Int UP channel resistance 5500 - 5540.
Daily Analysis:
The reversal has happened, halfway support at 5150 - 5190. LT UP Channel support 5020 - 5070. Intermediate UP channel resistance at 5410 - 5450.
Hourly Analysis:
A bullish flag with Lower High and Low is formed. Ideally, they should break-out of this on upside. However, breaking the channel support at 5250 should violate it. Further support expected at Int / New UP channel support at 5160 - 5180. UP side target at flag base with 10 columns. So target comes at 5259 + 5*30 = 5409.
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