Explore Now Strong quarterly numbers from IT majors Infosys and Wipro and firm cues from other Asian markets may give domestic indices a positive start on Thursday, even as technical charts are showing signs of weakness. Here’s breaking down the pre-market actions: STATE OF THE MARKETS Nifty futures on the Singapore Exchange traded 28.5 points, or 0.20 per cent, higher at 14,601, in signs that Dalal Street was headed for a positive start on Thursday. Tech View: Nifty50 sends signs of weakness Nifty50 on Wednesday tested the 14,450 level in a sharp intraday selloff, only to recover fully by close. The index formed a higher high for yet another session, but formed a small bearish candle with a long lower wick on the daily chart, which resembled a Hanging Man pattern. Analysts said the index could be in for some consolidation, and believe Nifty testing of the 14,400-14,367 range could put an end to the momentum.