Last day’s move was encouraging in last week but this week it gave flat moves. Technically it is not in too much over-bought condition so it is quite possible that it may break 5900 and may test around 6000 levels in coming week. On the other side if it drops from here or failed to test above 5900 level then there is a chance of correction in later period of the coming week. I will think about a bearish pattern if it drops below 5700 level.
What I think that it may show any directional move in middle days but it is hard to say that it may not test 5800 level in early days of the coming week.
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