Following first trading range for next moves preparation was given in today Pre-open Outlook:-
Nifty will firstly trade and prepare for next moves between 5110-5140
Nifty traded most of the time and prepared for next moves within above mentioned range with first 2 hours high low of 5098.25-5140.70.
First two hours today intraday charts are showing intraday minor support signals at lower levels and consolidation patterns also developed. Crossing 5140 will be first indication and sustaining above 5153 will be next up moves confirmation.
Market and not riped for any side decisive moves and preparing for next moves between 5098-5140 today. Let this process complete then trending market will be seen.
Nifty will firstly trade and prepare for next moves between 5110-5140
Nifty traded most of the time and prepared for next moves within above mentioned range with first 2 hours high low of 5098.25-5140.70.
First two hours today intraday charts are showing intraday minor support signals at lower levels and consolidation patterns also developed. Crossing 5140 will be first indication and sustaining above 5153 will be next up moves confirmation.
Market and not riped for any side decisive moves and preparing for next moves between 5098-5140 today. Let this process complete then trending market will be seen.