Nifty opened gap up,consolidated between 5496-5529 on 24-03-2011 and after that rally upto 5944 was seen. Nifty is again trading between this range today. Selling seen between 5532-5546 today and intraday support indication also between 5515-5525 today.
Narrow range market between 5505-5550 today. As lower levels support also today therefore this range break out may be toward any side and also give next decisive moves to Indian markets.
As consolidation signals started to emerge today therefore survival hopes of most important support of 5485 is still alive. Importance of 5485 will be posted after market today.
First of all today range 5505-5550 break out will be watched and according to that correction completion or continuation will get confirmations.
Narrow range market between 5505-5550 today. As lower levels support also today therefore this range break out may be toward any side and also give next decisive moves to Indian markets.
As consolidation signals started to emerge today therefore survival hopes of most important support of 5485 is still alive. Importance of 5485 will be posted after market today.
First of all today range 5505-5550 break out will be watched and according to that correction completion or continuation will get confirmations.