Nifty is trading between 5557-3391 since opening and minor intraday support at lower levels and resistance at higher levels seen within this range. Nifty will trade range bound between this 5557-5606 in the coming hours. As mixed trading patterns seen between this range today and yesterday after credit policy therefore break out this range will form decisive very short term trend and should be watched first.
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Mid-session Outlook(27-07-2011)
Nifty is trading between 5557-3391 since opening and minor intraday support at lower levels and resistance at higher levels seen within this range. Nifty will trade range bound between this 5557-5606 in the coming hours. As mixed trading patterns seen between this range today and yesterday after credit policy therefore break out this range will form decisive very short term trend and should be watched first.