Nifty traded whole day within 5480-5502 with intraday charts selling patterns but US markets showed recovery yesterday therefore yesterday trading will be watched for next move confirmations. Move above 5502 will mean countering of next strong resistance range(5520-5545) and move below 5480 will mean very short term correction within 5350-5380.
Indian markets will prepare for next moves within or nearabout yesterday range therefore should be watched today for next move confirmations.
ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
