We are going through a rally and a follow-through of last day's move. The index strongly moved above the resistance of EMA20 and EMA50.
The pattern is going to take full shape if it moves above the neckline @ 3550.
But the is around 3550 as such we may see some reaction around this level.
In spite of this rally, the index is still in the range marked as a pink in the chart. For a range expansion move, it has to move above 3558.