Drop from yesterday's high if followed by a daily closing below rising trend line would signal that retreat from Apr 21 high has resumed. In such a case, support at 325.40 (May 6 low) stands exposed. A violation there would expose 320 levels.
On the higher side, only a daily close above daily 50-SMA line would increase odds of a fresh rally towards 347.60 levels.
On the higher side, only a daily close above daily 50-SMA line would increase odds of a fresh rally towards 347.60 levels.