Following lines were told in two outlooks which were written for today trading:-
As Nifty has to decisively cross 5605 therefore Nifty may take few hours to few session in consolidation process between 5540-5605.
Whole day intraday trading range broken out(5565-5593) in last half hour and Nifty is closing near day's highest but intraday trading patterns are mixed because both buying and selling indications from today intraday charts. Sustaining beyond today intraday trading range will be next big moves strong confirmations in the coming sessions.
As Nifty has to decisively cross 5605 therefore Nifty may take few hours to few session in consolidation process between 5540-5605.
Whole day intraday trading range broken out(5565-5593) in last half hour and Nifty is closing near day's highest but intraday trading patterns are mixed because both buying and selling indications from today intraday charts. Sustaining beyond today intraday trading range will be next big moves strong confirmations in the coming sessions.