Following conclusions were told in both previous Outlooks:-
"Immediate supports are at 5980 and immediate resistance is at 6075 therefore sustaining beyond 5980-6075 should be watched for correction continuation/completion"
Correction continuation and complete consolidation is required for its completion. Nify traded between 6004-6049 with lower levels supports and higher levels selling today therefore break out of this range will be 1st indication and sustaining beyond 5980-6075 will be confirmation of those moves which have already been updated in previous Outlook.
"Immediate supports are at 5980 and immediate resistance is at 6075 therefore sustaining beyond 5980-6075 should be watched for correction continuation/completion"
Correction continuation and complete consolidation is required for its completion. Nify traded between 6004-6049 with lower levels supports and higher levels selling today therefore break out of this range will be 1st indication and sustaining beyond 5980-6075 will be confirmation of those moves which have already been updated in previous Outlook.