Indian markets are not trending but sideways and only intraday volatility is being seen therefore last Friday down moves and today up moves. Indian markets are not not prepared for any side decisive moves and being prepare for next decisive trend therefore next trend deciding ranges have already been been updated in previous Outlook yesterday.
As last 4 hours intraday charts are showing consolidation indications between 6274-6304 therefore emergence of hopes for Bulls and 1st strong signal of decisive up moves will be after sustaining above previous week highest(6346),should be firstly watched for confirmations.
As last 4 hours intraday charts are showing consolidation indications between 6274-6304 therefore emergence of hopes for Bulls and 1st strong signal of decisive up moves will be after sustaining above previous week highest(6346),should be firstly watched for confirmations.