Yesterday technicals positions are as follows:-
1- Selling between 5368-5386
2- Mixed Patterns between 5323-5338
First 2 hours trading range today is- 5335.75-5387.05
Selling betweeen 5365-5389 in last 2 sessions and sustaining above will mean fresh up moves after completion of very short term correction. As today up moves are after lower levels support therefore this possibility is alive if market consolidates today between last 2 sessions Selling range(5368-5386).As Nifty is trading between this range(5368-5386) therefore cross over of this range should be seen firstly used for next moves first indication.
1- Selling between 5368-5386
2- Mixed Patterns between 5323-5338
First 2 hours trading range today is- 5335.75-5387.05
Selling betweeen 5365-5389 in last 2 sessions and sustaining above will mean fresh up moves after completion of very short term correction. As today up moves are after lower levels support therefore this possibility is alive if market consolidates today between last 2 sessions Selling range(5368-5386).As Nifty is trading between this range(5368-5386) therefore cross over of this range should be seen firstly used for next moves first indication.