Weak opening after negative Asian markets and now up moves after more than 1% up European markets. Although Indian markets slipped after first 2 hours intraday selling but zoomed up after opening of European markets. As last 55 minutes mixed patterns and today first 2 hours selling formations therefore some more consolidation is required.
Following lines of today Post-open Outlook are being repeated for next moves confirmations:-
"Nifty will trade between yesterday range first of all and prepare for next moves. Fresh consolidation is required for continuation of yesterday begun Pull Back rally and it is expected also. Coming hours intraday charts formations and sustaining beyond yesterday trading range(4602-4705) will be next moves confirmation"
Following lines of today Post-open Outlook are being repeated for next moves confirmations:-
"Nifty will trade between yesterday range first of all and prepare for next moves. Fresh consolidation is required for continuation of yesterday begun Pull Back rally and it is expected also. Coming hours intraday charts formations and sustaining beyond yesterday trading range(4602-4705) will be next moves confirmation"