Almost first 3 hours trading with intraday selling patterns between 5700-5708 which is within previous strong resistance range(5700-5733) also this resistance more strengthened today because again today selling within it.
As selling seen within previous resistance range therefore until Nifty will not sustain above 5733 till then any up moves will not considered and sustaining below 5683(last Friday lowest) will mean firstly slipping towards lower levels of previous 28 sessions trading range(5583-4815)
As selling seen within previous resistance range therefore until Nifty will not sustain above 5733 till then any up moves will not considered and sustaining below 5683(last Friday lowest) will mean firstly slipping towards lower levels of previous 28 sessions trading range(5583-4815)