We are continuously telling that Indian markets are not trending but sideways and previous 3 sessions were completely range bound. Technical positions of previous 3 sessions and mid-Dec 2013 are suggesting that equally good supports and resistances are lying between 6130-6220 therefore sustaining beyond or forceful break out of this range will decide next decisive moves and should be firstly watched now.
As far as today 1st hour technical positions are concerned,it is being observed that intraday patterns are showing lower levels supports and indications of consolidation as well.
As far as today 1st hour technical positions are concerned,it is being observed that intraday patterns are showing lower levels supports and indications of consolidation as well.