A very good delivery volume
has been seen on the daily chart
. It has taken support at its demand zone
and reverses upward. It has given trendline breakout on a shorter time frame. It seems like Handel formation is going-on, on a longer time frame. Closing above 538 will confirm the same. In the near term, we expect price movement up to 492, 537. All oscillators are bullish
which indicated a good move expected.