Asian markets are flat therefore Sentiment is quiet. Today expected first range is 5496-5550 and Nifty will trade first within this range. This range break out will decide Bear market confirmation or revival of Bull market hopes. Breaking down 5496 will mean that Nifty 5485 will not survive and Bearish phase will commence. Sustaining above 5550 will mean survival of Bull market but confirmation will be sustaining above 200 Day EMA.
Flat opening today but not weak. As lower levels support within 5510-5530 yesterday until Nifty is above it til then Bull market revival hopes are alive. First 15 minutes trading has not shown weakness signals.
Flat opening today but not weak. As lower levels support within 5510-5530 yesterday until Nifty is above it til then Bull market revival hopes are alive. First 15 minutes trading has not shown weakness signals.