Following line was told in Post-open Outlook today:-
"5480-5495 is next resistance and sustaining above 5495 will mean strong rally"
Nifty traded about 3 hours within mentioned resistance range and slipped. Pull Back rally was expected and it has been seen. Now next moves will be decided according to coming hours intraday charts formations. For next upmoves sustaining above 5444 and crossing 5495 are confirmation levels.
"5480-5495 is next resistance and sustaining above 5495 will mean strong rally"
Nifty traded about 3 hours within mentioned resistance range and slipped. Pull Back rally was expected and it has been seen. Now next moves will be decided according to coming hours intraday charts formations. For next upmoves sustaining above 5444 and crossing 5495 are confirmation levels.