When Indian markets were trading near today's lows then following lines were told in Post-open Outlook today:-
As two following support ranges within 5438-5480 therefore up side break out possibility of this range can not be rules out also despite Red zone trading since today morning :-
1- 5438-5445(Today)
2- 5460-5480(Last Friday)
Nifty is trading above 5480 and also expected that will condolidate and sustain above it. Strong resistance above 5522 therefore market require consolidations before any up move.
Indian markets did not crashed after US markets 1.5% down today and all my Outlooks for today markets are live proof of this fact that I never told for weak market in most depressing sentiments and also predicted today up moves well before its begining in Post-open Outlook today.
As two following support ranges within 5438-5480 therefore up side break out possibility of this range can not be rules out also despite Red zone trading since today morning :-
1- 5438-5445(Today)
2- 5460-5480(Last Friday)
Nifty is trading above 5480 and also expected that will condolidate and sustain above it. Strong resistance above 5522 therefore market require consolidations before any up move.
Indian markets did not crashed after US markets 1.5% down today and all my Outlooks for today markets are live proof of this fact that I never told for weak market in most depressing sentiments and also predicted today up moves well before its begining in Post-open Outlook today.