As global cues were extremely depressing therefore intraday support seen at lower levels and Nifty slipped from higher levels also. Complete consolidation is required for any sustained up move. As lower levels buying and intraday pattern of today is showing consolidation therefore a very short term up move is possible. Today trading range(5380-5414) break out will be next very short term move confirmation.
ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
