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Nifty index futures continue to trade choppy within a broad trading range. A close above 10,870-10,900 levels will trigger a breakout from this range taking the index higher to 11,095-11,280 levels.
On the other hand, a close below 10,550 will trigger a downtrend, dragging it lower to levels of 10,400-10,300 levels.
The relative strength index (RSI) is also oscillating between 40 and 60, which indicates sideways consolidation. The volatility index is trading at the lower end of the range, showing lack of any trend.
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