Only range bound market was told in all the outlooks which were updated for today and Nifty traded almost whole day within mentioned range and being closed almost flat. Detailed analysis have been written in previous outlooks and sustaining beyond 5252-5323 will be next direction confirmation therefore should be watched in the next sessions for next moves confirmations.
Although higher levels selling and lower levels buying but intraday patterns are suggesting consolidation formations therefore crossing and sustaining possibility above 5323 is high.
Although higher levels selling and lower levels buying but intraday patterns are suggesting consolidation formations therefore crossing and sustaining possibility above 5323 is high.