Indian markets denied global cues and outperforming global markets after Red opening today morning. Nifty is trading within last Friday selling range 5453-5475.Next moves confirmation ranges are as follows:-
1- 5453-5481
2- 5390-5481
3- 5360-5481
Strong resistance between 5480-5604 therefore Nifty will prepare for next moves between above mentioned ranges. Indian markets showed strength immediately after opening today and sustaining above mentioned 1st range will be next move strong indication.
1- 5453-5481
2- 5390-5481
3- 5360-5481
Strong resistance between 5480-5604 therefore Nifty will prepare for next moves between above mentioned ranges. Indian markets showed strength immediately after opening today and sustaining above mentioned 1st range will be next move strong indication.