Sharp up move begun at 02:25 PM today but well before the beginning of this up move we told for Indian markets support at 1:46:00 PM today and following projection was updated:-
"intraday support seen at lower levels between 4688-4700 today therefore until Nifty will not slip below it till then next down move will not be considered"
Highly volatile market today but lower level support also and view is bullish but finally sustaining beyond 3 sessions achual trading range(4688-4790) will give next trend confirmation and that should be firstly watched for confirmations.
"intraday support seen at lower levels between 4688-4700 today therefore until Nifty will not slip below it till then next down move will not be considered"
Highly volatile market today but lower level support also and view is bullish but finally sustaining beyond 3 sessions achual trading range(4688-4790) will give next trend confirmation and that should be firstly watched for confirmations.