Our view was Bearish and Indian markets closed near the lows of yesterday but Asian markets are blasting today because Dow's Futures is more than 120 points up today despite US and European markets flat closing yesterday. Indian markets slipped yesterday after higher levels very good selling in previous sessions and multiple strong resistances are lying at higher levels between 5873-5969.
As sentiment suddenly turned strong today therefore expected that Nifty will firstly trade within mentioned resistance range after gap up opening. Today up moves will be only Global sentiments generated and its sustainability within mentioned resistance range as well as intraday charts formations will be firstly watched and will be updated accordingly in Mid-session Outlooks.
As sentiment suddenly turned strong today therefore expected that Nifty will firstly trade within mentioned resistance range after gap up opening. Today up moves will be only Global sentiments generated and its sustainability within mentioned resistance range as well as intraday charts formations will be firstly watched and will be updated accordingly in Mid-session Outlooks.