Most Asian markets are strong and some are 1%/2% up today but Indian markets are under performing and trading about .33% up.
Next resistance is between 5275-5305 and intraday trading seen just below it within 5264-5279 today. As minor intraday selling patterns formations between 5272-5279 therefore slipping from higher levels but follow up selling is required for breaking down of today lows(5264).
Range bound quiet market today,let complete intraday patterns develop then next moves will be projected after confirmations.
Next resistance is between 5275-5305 and intraday trading seen just below it within 5264-5279 today. As minor intraday selling patterns formations between 5272-5279 therefore slipping from higher levels but follow up selling is required for breaking down of today lows(5264).
Range bound quiet market today,let complete intraday patterns develop then next moves will be projected after confirmations.