Highly volatile within narrow range market today and holding above 200-Day EMA despite weaker global cues. Today trading ranges 5635-5695 and this range break out will give first strong indication for deciding long term trend.
Although indian markets are trading in Red today but out performing all global markets and mentioned today range break out will give next move confirmation therefore is break out should be watched but today intraday patterns are suggesting buyingand support at lower levels therefore up move possibilities from here is still alive.
ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
