Following lines were told within first 45 minutes today in Post-open Outlook
1- Nifty will trade now between yesterday selling range (5550-5578) and prepare for next moves. Coming hours trading patterns (consolidation/distribution) will give next moves first signal.
2- Next moves and trend confirmation will be sustaining beyond 5550-5578.
Nifty traded whole day within mentioned very small range and intraday patterns are showing consolidation today as well as possibility of sustaining above 5578 is higher also but confirmation is must through sustaining above 5578 or forceful up move above 5578 because global markets pressure is high nowadays.
ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
