As previous resistances were between 8820-8852 and good selling was also between 8840-8870 on 16-02-2015 therefore firstly down moves were expected but Nifty is trading within above mentioned ranges since opening today with consolidation indications. It will be safer that valid break out of 8820-8870 should be firstly watched now for next trend confirmations.
ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
