Following line was told in Pre-open Outlook today
Indian markets will discount all the good/bad news between 5085-5145 and break out of this range will give confirmation of next medium term trend in the coming couple of sessions.
Today trading range amid high volatility is 5085.55-5154.60
Let market preapre for next moves between 5085-5145 and next big moves confirmation will be either force ful breaking out or sustaining beyond mentioned range. Market is stabilising now and conclusions from intraday charts formation will be updated in the coming outlooks after next moves confirmations.
Indian markets will discount all the good/bad news between 5085-5145 and break out of this range will give confirmation of next medium term trend in the coming couple of sessions.
Today trading range amid high volatility is 5085.55-5154.60
Let market preapre for next moves between 5085-5145 and next big moves confirmation will be either force ful breaking out or sustaining beyond mentioned range. Market is stabilising now and conclusions from intraday charts formation will be updated in the coming outlooks after next moves confirmations.