Panic bottom formation and sharp recovery from oversold zones seen today morning. Pull back rally is due and it is its begining signal. It was told in Pre-Open Market Outlook today:-
"5335-5365 is first resistance range and its testing expected"
Nifty made today high at 5336.75 and sliped but mentioned resistance will watched for next up move in the form of pull back rally. Although move above 5365 expected but will be better to wait for confirmation from crossing 5265.
ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
