All the Asian markets were positive and sentiment was strong due to US markets good gains one day before therefore Indian markets traded and closed positive yesterday. Asian markets are weak today morning after negative US markets closing therefore Nifty will trade between 5375-5410 after weak opening,this range break out and sustaining beyond will decide the strength of 5400. Selling patterns were seen between 5375-5410 in 2 previous sessions and today follow up selling will mean finally break down of 5375.
Firstly trading between 5375-5410 and finally below 5375 expected within couple of sessions.
