Headwinds from China as well as today's US jobs report will be decisive for the benchmark.
It is currently hovering in a triangle shaped figure, suggesting 4859 as an objective, should a breakthrough occurs. The figure can be canceled if the benchmark cuts through 4501.
The daily is around 4645.35, and it 3 days PP is around 4551.39. If the benchmark opens below the daily PP its daily trend will be , If it opens above the daily PP, the trend will be .Its daily support levels are 4598.41, 4543.03 and 4503.2. Its daily resistance levels are 4700.73 and 4747.67.
If the benchmark opens below 4601.75, we should be considering going back to the market.