As correction started after selling with huge volume on the back of most heated sentiment due to Modi's Govt oath taking yesterday therefore Short Term correction continuation between 10 sessions range(7082-7563). Nifty will be understood range bound within mentioned range and sustaining it beyond will be next big moves confirmation.
Detailed analysis with all crucial levels have already been updated in previous Outlook yesterday and at present correction continuation will be considered. Although generation of minor consolidation signals from today first 2 hours intraday chart formations but complete consolidation is required for decisive up moves,let it happen then will be updated accordingly.
Detailed analysis with all crucial levels have already been updated in previous Outlook yesterday and at present correction continuation will be considered. Although generation of minor consolidation signals from today first 2 hours intraday chart formations but complete consolidation is required for decisive up moves,let it happen then will be updated accordingly.