Currently consolidating with a sideways range of 4083 - 4047, biasness is on the bullish direction we'll be looking for breakout trades above the level of 4083.5. Stop loss could be placed at levels below 4047. Breakout will lead to the entry into fresh longs, the move is expected to continue and retest the level of 4120 (A major resistance/supply zone).

Immediate resistance is at 4083 and immediate support is at 4047, where as major support is at 4020.

Waiting for the confirmation is essential since price is still in a sideways direction if you look at it from higher timeframes. Bullish trades should be preferred.

For Educational Purposes only, Not an Investment Advice, Always use strict Risk management measures.

Regards CrazyTrades247.