Intraday correctin and volatile market between 4790-4870 was expected for today and Nifty traded between 4802.85-4866.10 in first 4 hours today. Correction of previous week started rally is continued today and intraday support also seen between 4804-4822. As lower levels intraday support today therefore expected that rally will be seen after correction completion.
Mentioned range(4790-4870) break out will be next trend confirmation therefore will be kept in mind.
Mentioned range(4790-4870) break out will be next trend confirmation therefore will be kept in mind.