As 5340 is Intermediate term trend decider therefore its importance is being continuously being today daily for the last one week and Nifty is hovering it around for the last 4 days.
Nifty is trading between 5313-5349 since opening today and preparing for next decisive move. Although Nifty could not sustain at higher levels but getting support at lower levels also. If Nifty slips below 5300 then it will be deep down confirmation and sustaining above 5349 will be confirmation of today consolidation as well survival of Intermediate term uptrend.
Nifty is trading between 5313-5349 since opening today and preparing for next decisive move. Although Nifty could not sustain at higher levels but getting support at lower levels also. If Nifty slips below 5300 then it will be deep down confirmation and sustaining above 5349 will be confirmation of today consolidation as well survival of Intermediate term uptrend.