Changing my thoughts and trying to be unbiased with fundamentals. To retailers fundamentals are proved wrong again and again on account of price action. Have a strong feeling that the sideways moves is consolidation and the break out of 24200 level would be with a big bang.
Ichimochu clouds are suggesting the Leading Span A is showing good support.
Would suggest to go long with protective put. The break out may cover the cost of protective put and would be highly rewarding.