Following 2 negative factors have triggered down moves today morning;-
1- Sharp 75 points surge in 15 minutes on 06-01-2012 was manipulated through rumour of Reliance brothers joint projects.
2- All the Asian markets in Red since opening therefore sentiment is weak today morning.
First support between 4688-4720 and Nifty consolidated between this range last Friday as well as trading between this range after weak opening today and this range will be firstly watched for next moves confirmations.
1- Sharp 75 points surge in 15 minutes on 06-01-2012 was manipulated through rumour of Reliance brothers joint projects.
2- All the Asian markets in Red since opening therefore sentiment is weak today morning.
First support between 4688-4720 and Nifty consolidated between this range last Friday as well as trading between this range after weak opening today and this range will be firstly watched for next moves confirmations.