All the Asian markets showed good recovery from lower levels of the day and either some are trading near day's higher levels or some have closed near highs of the day. US futures is also 40 points up and Indian markets also got support at lower levels of the day today therefore trading positive since opening today.
Indian markets intraday charts also showing lower levels consolidations patterns today but firstly crossing 5329 and then sustaining above 5356 will be up moves confirmation otherwise today up move will be understood global good sentiments driven pull back rally only.
3 crucial patterns broken down yesterday therefore complete consolidations and confirmation is required for trend reversal
Indian markets intraday charts also showing lower levels consolidations patterns today but firstly crossing 5329 and then sustaining above 5356 will be up moves confirmation otherwise today up move will be understood global good sentiments driven pull back rally only.
3 crucial patterns broken down yesterday therefore complete consolidations and confirmation is required for trend reversal