Nifty traded between 5546-5605 with intraday selling between 5588-5605 last Friday and Nifty traded most time within this range after positive news of Greek bailout Package approval by Euro zone finance ministers.
Whole day intraday patterns are showing consolidation but upmoves are lacking force and on the back of above mentioned positive news also therefore next upmoves are requiring confirmations through sustaining above last Friday selling range(5588-5605)
Next immediate up moves confirmation will be sustaining above 5605 therefore will be firstly watched tomorrow for next rally confirmations.
Whole day intraday patterns are showing consolidation but upmoves are lacking force and on the back of above mentioned positive news also therefore next upmoves are requiring confirmations through sustaining above last Friday selling range(5588-5605)
Next immediate up moves confirmation will be sustaining above 5605 therefore will be firstly watched tomorrow for next rally confirmations.