The index is still bullish but is under going a retracement targetting a cluster of support: a daily support, a demand zone, and two dynamic supports (4HR MA 200 and 1D MA 50). I expect a continuation of the bullish trend from there and we can look for a buy setup. But the safest buy is after the blue trendline that is developing as an intraday resistance has been breached. We can check the inserted intraday chart for a clearer price movement around the blue trendline.
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