Following line was told in Post-open Outlook-2 at 10:43:00 AM today:-
"lower levels supports after minor profit booking may be seen and firstly 5255-5285 should be watched for this purpose"
Nifty traded more than 3 hours within above mentioned range and moved up after getting intraday supports between 5270-5285.
Minor profit booking at higher levels but lower levels good intraday spports also between 5261-5293 today therefore finally sustaining beyond this range should be firstly watched tomorrow.
"lower levels supports after minor profit booking may be seen and firstly 5255-5285 should be watched for this purpose"
Nifty traded more than 3 hours within above mentioned range and moved up after getting intraday supports between 5270-5285.
Minor profit booking at higher levels but lower levels good intraday spports also between 5261-5293 today therefore finally sustaining beyond this range should be firstly watched tomorrow.
As Resistances above 5300 therefore consolidations is required for decisive up moves above 5300 and next up moves may also be slow between 5300-5349 as well as sustaining above 5349 will be confirmation of strong fast moves.