Following line was told in Uncertain Europe & Next Trend Decider is 5203-5297
Expected that Nifty will firstly trade between 5254-5311 and next trend confirmation will be sustaining beyond 5203-5297 tomorrow or in the coming sessions
Blasting global cues today morning and Nifty traded between 5257-5326 after gap up opening today. As doubts therefore condition of sustaining above 5300 was clearly told in Post-open Outlook today.
Selling at higher levels and Buying at lower levels as well as closing between mentioned resistance range(5377-5297) will be seen today. Next Indian and Global trend will be decided according to settlement of Greece problem. Technical positions and detailed analysis has already been posted in following topic:-
Uncertain Europe & Next Trend Decider is 5203-5297
Indian markets are prepared for any side decisive move and waiting for clear direction from Europe.
Although resistances at higher levels but expected that Indian markets will finally move above 5365 and strong rally will be seen in the next weeks.
Expected that Nifty will firstly trade between 5254-5311 and next trend confirmation will be sustaining beyond 5203-5297 tomorrow or in the coming sessions
Blasting global cues today morning and Nifty traded between 5257-5326 after gap up opening today. As doubts therefore condition of sustaining above 5300 was clearly told in Post-open Outlook today.
Selling at higher levels and Buying at lower levels as well as closing between mentioned resistance range(5377-5297) will be seen today. Next Indian and Global trend will be decided according to settlement of Greece problem. Technical positions and detailed analysis has already been posted in following topic:-
Uncertain Europe & Next Trend Decider is 5203-5297
Indian markets are prepared for any side decisive move and waiting for clear direction from Europe.
Although resistances at higher levels but expected that Indian markets will finally move above 5365 and strong rally will be seen in the next weeks.