Following line was told regarding 4730-4790 in Mid-session Outlook at 11:26:00 AM yesterday
Nifty will prepare for next immediate moves between 4730-4790 and sustaining beyond this range will be next moves confirmation.
Nifty is trading between this range since the posting time. Last 2 sessions trading within above mentioned range and decisive next trend after its break out as well as technical positions within this range have also been explained in last 2 days. As soon as selling patterns were seen then that was also updated at 11:29:00 AM today.
Just watch sustaining beyond 4730-4790 for next decisive trend confirmation.
Nifty will prepare for next immediate moves between 4730-4790 and sustaining beyond this range will be next moves confirmation.
Nifty is trading between this range since the posting time. Last 2 sessions trading within above mentioned range and decisive next trend after its break out as well as technical positions within this range have also been explained in last 2 days. As soon as selling patterns were seen then that was also updated at 11:29:00 AM today.
Just watch sustaining beyond 4730-4790 for next decisive trend confirmation.