Despite the slippage in cases of Coronavirus attack over China economy, the domestic benchmark has failed to get any advantage. The index was opened on a flat to negative note at 12,219.55 levels and continued to move south led by heavy additions in Call Writing at 12,200 and 12,150 levels respectively. On hourly scale, the index is trading in a 'Rising Channel' that signals for a consolidated move with a positive bias. The index is holding its 30-hours Exponential Moving Average. Market Breadth is negative as 707 stocks are advanced while 1,025 stocks are trading in red.