Greece bail out package boosted sentiment today morning and all the Asian markets are positive,some Asian markets are more than 1% up as well. Indian markets will also respond heated mood with positive opening and finally sustaining above immediate resistance range(5620-5650) will mean strength in on going up trend.
As lower levels consolidation seen yesterday after last week good consolidation between 5549-5606 therefore fresh up moves above 5700 will be seen now but strong and multiple resistances between 5700-5815 therefore moves above 5700 may be slow because fresh consolidation will be required before any up move.
As lower levels consolidation seen yesterday after last week good consolidation between 5549-5606 therefore fresh up moves above 5700 will be seen now but strong and multiple resistances between 5700-5815 therefore moves above 5700 may be slow because fresh consolidation will be required before any up move.