Sentiment was nervous today morning due to the issue of ONGC disinvestment only by LIC therefore market slipped but got support at lower levels today. As today intraday support is above yesterday support therefore yesterday support has strengthened.
Next very short term move confirmations range of 5298-5380 was given within 15 minutes after opening and today trading range at this moment is 5315.05-5378.30. Today intraday charts are showing support at lower levels as well as up moves with consolidation formation therefore finally moves above 5380 is expected and sustaining above will be strong indication of rally after correction completion.
Next very short term move confirmations range of 5298-5380 was given within 15 minutes after opening and today trading range at this moment is 5315.05-5378.30. Today intraday charts are showing support at lower levels as well as up moves with consolidation formation therefore finally moves above 5380 is expected and sustaining above will be strong indication of rally after correction completion.