Market showed strength,Nifty crossed 5444 in first minute and trading above mentioned resistance range(5422-5444). Strong rally started yesterday but it was non stop predicted is more than 7 outlooks in last 3 days. It is strong Indian markets indication that Nifty is trading above 5444 and between upper band of mentioned resistance range. It is the character of Bullish markets that it consolidate at higher levels.
Indications of strong rally begining and sustaining above 5444 will mean testing possibility of following next resistance ranges:-
1- 5490-5512
2- 5588-5605
Indications of strong rally begining and sustaining above 5444 will mean testing possibility of following next resistance ranges:-
1- 5490-5512
2- 5588-5605