Following Ranges developed in last 3 days intra day charts:-
1- Broader Range and its break out will give next big moves confirmations - 5857-5945
2- Narrow Range and its break out will give first strong indication of next moves- 5870-5915
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Patterns within above ranges are:-
1- 05-04-2011- Support between- 5857-5870
2- 06-04-2011- Selling between- 5880-5910
3- 07-04-2011- Support between- 5867-5680
Selling between- 5888-5905
Next strong moves will be decided from the break out and sustaining beyond above ranges. Indian markets will prepare within mentioned ranges in the same manner as prepared today and break out will generate sharp moves.