Next trading range of 5367-5386 was given at 09:42 AM today and Nifty hovered around this range during last 3 hours as well as traded between 5364.35-5390.65. As mixed intraday trading patterns between 5367-5386 on 15-08-2012 therefore Indian markets were not prepared for any side decisive move and preparations was required,it is being done today within narrow range side ways moves.
Sustaining beyond 5367-5386 should be firstly watched for next trend confirmations.