Following lines was told today in Pre-open Outlook
"negative opening and first trading range will be 5510-5550 and expected that Nifty will prepare for next moves within this range and sustaining beyond this range will be first indication of next Indian markets direction"
Today first hour trading range is 5509.60-5541.80 and sustaining beyond this range will be result of preperation for next moves within this range. Resistances above this range and supports below this range as well. Let market prepare within this range and then confirmation will be from break out and sustaining beyond today 1st hour mentioned range.
"negative opening and first trading range will be 5510-5550 and expected that Nifty will prepare for next moves within this range and sustaining beyond this range will be first indication of next Indian markets direction"
Today first hour trading range is 5509.60-5541.80 and sustaining beyond this range will be result of preperation for next moves within this range. Resistances above this range and supports below this range as well. Let market prepare within this range and then confirmation will be from break out and sustaining beyond today 1st hour mentioned range.