Nifty traded between 5515-5552 with mixed patterns yesterday and require to consolidate as well as sustain above 5552 after positive opening amid strong global cues today. Pull back rally is very much on and will fuse only after complete selling patterns and such formations are not seen till yesterday.
As sentiment positive after most Green global markets therefore trading is expected most of the time between 5515-5604 after positive opening today morning. Last week begun uptrend is very much intact and its continuation is expected also.As mixed intraday patterns yesterday therefore follow up buying/selling today will be watched first for next immediate moves confirmations.