17284 will confirm down moves
towards next supports
Mid-session Outlook(03-12-2021)
Following lines were told in "Rally towards next resistances"for Today (03-12-2021) market:-
up moves were seen in last hours which will remain continued towards next resistances(17509-17600) in the coming sessions.
Following lines were told in "17213 will confirm strong rally"for yesterday(02-12-2021) market:-
once sustaining above today highest(17213) will mean strong indication of Pull back rally towards next resistances(17509-17600)
Rally towards 17509 was told in both previous Outlooks which completed just below it at today highest(17489.8) and after that Nifty slipped 200 points from 17489.8 as well as traded at 17285 today.
4 Hours consolidation was seen between 17284-17374 yesterday and once sustaining below it will mean down moves towards next supports between 17039-17160