The ongoing uncertainty over the closing of 'phase one' of trade deal between U.S. and China is keeping the global and Asian markets on edge. However, the Indian benchmark is seldom performing well. The index was opened on a positive note above the psychological resistance of 12,000 levels but witnessed some long liquidations and traded in a narrow range of 11,965.05- 12,028.2 levels. All indices are trading mixed out of which media stocks gained 3.76%. ZEEL, Eicher Motors and Adani Ports are top gainers while Bharti Airtel, Gail and BPCL are top losers. On hourly scale, the index is trading in a 'Cup and Holder' pattern that signals for continuation of bullish momentum and possesses high reliability.