Today is rest taking day after more than 2% rally in last 2 sessions therefore quiet,flat and 30 points range bound Nifty between 7613-7643 and preparing for next decisive moves. Now Nifty is sideways between 7423-7808 with lower levels strong supports and higher levels selling within this range as well as Indian markets will prepare for next big "post Budget trend" within this range.
Although Nifty is now trading near the lowest of today but as such selling patterns are not seen today but some indications of consolidation patterns also developed. Let Indian markets completely prepare for next trend within or near about today first 2 hours trading range(7613-7643) then next decisive moves will be updated in the same manner as being done for the last more than 4 years in this Blog.
Although Nifty is now trading near the lowest of today but as such selling patterns are not seen today but some indications of consolidation patterns also developed. Let Indian markets completely prepare for next trend within or near about today first 2 hours trading range(7613-7643) then next decisive moves will be updated in the same manner as being done for the last more than 4 years in this Blog.