We not only inform but prove a move well within time before its beginning and it was again done in Mid-session Outlook today and down moves were clearly projected in following line today:-
"Selling developed just below strong resistance range therefore more down moves will be seen now"
Next support range is 5438-5455 and Nifty is trading within it. Expected that Nifty will not slip below 5438 today. Fresh selling between 5480-5517 is confirm now and next trading range is 5438-5480 and follow up selling between this range will mean more down levels.
5438-5455 is now next strong support and next move confirmation range also. If follow up selling develop in the coming sessions then Nifty will slip below 5438.
Just watch 5438-5455 and its break out for next immediate move confirmation.
"Selling developed just below strong resistance range therefore more down moves will be seen now"
Next support range is 5438-5455 and Nifty is trading within it. Expected that Nifty will not slip below 5438 today. Fresh selling between 5480-5517 is confirm now and next trading range is 5438-5480 and follow up selling between this range will mean more down levels.
5438-5455 is now next strong support and next move confirmation range also. If follow up selling develop in the coming sessions then Nifty will slip below 5438.
Just watch 5438-5455 and its break out for next immediate move confirmation.