Market shoot up after RBI announcement of 50 basis points Repo Rates cut but could not cross Selling range of 13-04-20129(Resistance between 5275-5305). Following lines were told yesterday in Market capped between 5175-5305:-
"multiple resistances at higher levels also therefore equally complete consolidation is required to sustaining above next Resistance(5275-5305) and until Nifty will not sustain above 5305 till then any decisive up move will not be considered"
Market is not prepared for any side decisive moves therefore following topic was posted yesterdaY:-
Market capped between 5175-5305
Detailed analysis have already been updated in above topic yesterday therefore just click above topic link and go through.
"multiple resistances at higher levels also therefore equally complete consolidation is required to sustaining above next Resistance(5275-5305) and until Nifty will not sustain above 5305 till then any decisive up move will not be considered"
Market is not prepared for any side decisive moves therefore following topic was posted yesterdaY:-
Market capped between 5175-5305
Detailed analysis have already been updated in above topic yesterday therefore just click above topic link and go through.