Following line was told within first 15 minutes in Post-open Outlook today:-
Gap up opening,Trading in Green but not strong today
We clearly meant that market is not strong despite gap up opening and Green zone trading.
Nifty slipped more than 50 points after above message. Clear selling at higher levels today but complete selling required for temination of 5 sessions old rally. Minor support indications at lower levels also between 5079-5091 therefore follow up moves will give confirmation of next market.
As mixed trading positions today therefore today trading range(5079-5135) break out will be watched for next trending market confirmations.
Gap up opening,Trading in Green but not strong today
We clearly meant that market is not strong despite gap up opening and Green zone trading.
Nifty slipped more than 50 points after above message. Clear selling at higher levels today but complete selling required for temination of 5 sessions old rally. Minor support indications at lower levels also between 5079-5091 therefore follow up moves will give confirmation of next market.
As mixed trading positions today therefore today trading range(5079-5135) break out will be watched for next trending market confirmations.