AGM of RIL was scheduled today. As this news is psychologically enthusiastic therefore Indian markets moved up fast and traded above 5600 immediately after opening today morning. Nifty is trading in the upper band of 2nd Next moves preparation Range(5530-5597) and today first 2 hours trading range is 5575-5604.
News based market since opening today morning therefore today trading range(5565-5605) break out will give confirmation to next decisive and trending moves.
News based market since opening today morning therefore today trading range(5565-5605) break out will give confirmation to next decisive and trending moves.