The market is still in the sideways consolidation and gap up opening or gap down opening beyond 5380 or 5290 will
only decide the next course of action. Generally it happens after a sharp up move above the break out level 5290/
17790.
From here onwards, the strategy should be to trade short around the upper boundary 5380/17970 and trade long
around the lower boundary 5290/17670 of the channel with a tight stop-loss above and below the same of minimum
20 points.
