The horizontal lines shows the support at lower levels.
Resistance at higher levels.
is exiting the oversold zone on .
Consolidation at lower horizontal
can be seen in time to come before moving higher.
The can be 32700-28000.
Breakout above 43500 could be difficult immediately.
But if the breakout is witnessed then
expect the rally back to 52000-60000 zone.
Ideally lower level consolidation can help.
We may see positive divergence on develop from here on
if dip to 32700-28000 range.
The levels of 28000 can be key for short to medium.