Firstly intraday supports at lower levels and after that up moves to 4955 on the back of positive European markets and Dow'Futures more than 90 points up. As Dow'Futures slipped to +45 points and all the European markets moved down as well as traded flat therefore Nifty also moved down to 4919. Up moves repeation again in Dow'Futures and European markets therefore Indian markets also surged now.
Lower levels supports and today intraday patterns are showing consolidation formations therefore Pull Back rally possibility turning high now. As multiple resistances at higher level therefore consolidation is required at each step before any up move.
Sustaining above 5036 will be Pull Back Rally confirmation after lower levels supports and should be firstly watched.
Lower levels supports and today intraday patterns are showing consolidation formations therefore Pull Back rally possibility turning high now. As multiple resistances at higher level therefore consolidation is required at each step before any up move.
Sustaining above 5036 will be Pull Back Rally confirmation after lower levels supports and should be firstly watched.