As selling yesterday therefore Following 4 projections were given today in 5346-5390 break out for correction continuation/completion confirmation:-
1- More than 3 hours good selling between 5458-5422
2- market require more consolidation to cross 5458
3- As good selling therefore correction continuation risk turned higher
4- until Nifty will not sustain above 5458 till then next up move will not be considered.
1- More than 3 hours good selling between 5458-5422
2- market require more consolidation to cross 5458
3- As good selling therefore correction continuation risk turned higher
4- until Nifty will not sustain above 5458 till then next up move will not be considered.
Weak opening today therefore Intermediate trend turning down risk turned high.