Next immediate resistance range is- 5860-5940
Nifty First trading range is- 5872-5890
Nifty crossed 5890 and formed high at 5912.90 today and it is strong indication of today consolidation and follow up buying. Market require complete consolidation within 5860-5940 now to cross 5940 and sustain above.
First 2 hours of today market has indicated consolition and Nifty sustaining above 5890 will be its confirmation.
Market is prepring for next moves within resistance range,let this process complete and then next immediate moves will be decided according to confirmation from sustaining beyond mentioned crucial levels.
Nifty First trading range is- 5872-5890
Nifty crossed 5890 and formed high at 5912.90 today and it is strong indication of today consolidation and follow up buying. Market require complete consolidation within 5860-5940 now to cross 5940 and sustain above.
First 2 hours of today market has indicated consolition and Nifty sustaining above 5890 will be its confirmation.
Market is prepring for next moves within resistance range,let this process complete and then next immediate moves will be decided according to confirmation from sustaining beyond mentioned crucial levels.