Daily chart pattern – sideways channel
At 157.20, Prices are currently flirting with upper end of sideways channel. The daily RSI has already ended sideways action and is pointing northwards.
Hence, a bullish break on day end closing basis would open doors for a 100-DMA located today at 169 levels.
On the lower side, a breach of small rising trend line would expose the lower end of the sideways channel.