Support – 6779 (Aug 25 low), 6654 (Sep 12 low), 6600
Prices closed above inverse head and shoulder neckline coupled with a break in the daily . This suggests the dips are likely to be bought into and the index is poised to test 6900 handle.
drawn from Aug 15 high and Sept 2 high comes around 6910 levels. A day end close above the same would open doors for 7K levels.
On the lower side, only a day end close below 5-DMA could yield a fresh sell-off to 6600.