Following 2 proections were given in Pre-open Outlook for today market,as applicable after 4 hours trading also therefore repeating:-
1- "first trading range will be 5510-5550 and expected that Nifty will prepare for next moves within this range"
2- "sustaining beyond this range will be first indication of next Indian markets direction"
Although Nifty slipped but did not sustained and immediately backed into mentioned trading range. Intraday support indications at lower levels and more preparation is required for up moves. Sustaining above 5540 will be next upmoves confirmation.
1- "first trading range will be 5510-5550 and expected that Nifty will prepare for next moves within this range"
2- "sustaining beyond this range will be first indication of next Indian markets direction"
Although Nifty slipped but did not sustained and immediately backed into mentioned trading range. Intraday support indications at lower levels and more preparation is required for up moves. Sustaining above 5540 will be next upmoves confirmation.