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Main features of today trading are as follows:-
1- Indian markets slipped from higher levels but patterns are not pure selling but consolidation signals also between 5855-5884 and 5835-5848.
2- Water Fall(Bullish) Pattern between 5850-5820
3- Lower level support between 5820-5829
Lower levels support formations and Water Fall(Bullish) Pattern are suggesting stopping of down move near 5820 but mixed patterns between 5835-5884 and previous day genuine selling between(5874-5912) are telling for consolidation requirement for any up move.
Lower level supports and higher level resistances are suggesting that Indian markets are not ready for any side moves and will prepare for next moves between 5800-5900 in the coming sessions.