Nifty traded between 5515-5558 and intraday supports and resistances are as follows:-
1- Selling between 5545-5455
2- Buying between 5515-4425
More immediate resistances above today highs and in the same manner more immediate supports below today
lows. Break out of today range will be first indication and crossing 5459-5604 will be next decisive and trending move confirmation.
Although Indian markets are closing in Red today but last 2 hours lower levels intraday support between 5515-5525 therefore view is not bearish.
1- Selling between 5545-5455
2- Buying between 5515-4425
More immediate resistances above today highs and in the same manner more immediate supports below today
lows. Break out of today range will be first indication and crossing 5459-5604 will be next decisive and trending move confirmation.
Although Indian markets are closing in Red today but last 2 hours lower levels intraday support between 5515-5525 therefore view is not bearish.