More than 4 hours trading between 5233-5278 and after that break out after European markets positive opening but failed to sustain at higher levels and slipped into mentioned range after Bearish Rising Wedge pattern formations.
Although positive closing expected after almost whole day Green trading higher levels selling patterns also therefore until Nifty will not sustain above todays highs(5312) till then any sustained up move will not be considered.
Higher levels selling,lower levels support today and next trend confirmations will be sustaining beyond today trading range therefore will be firstly watched in next week.
Although positive closing expected after almost whole day Green trading higher levels selling patterns also therefore until Nifty will not sustain above todays highs(5312) till then any sustained up move will not be considered.
Higher levels selling,lower levels support today and next trend confirmations will be sustaining beyond today trading range therefore will be firstly watched in next week.