As soon as Rising Wedge Bearish formation was seen then it was immediately updated and Nifty slipped after that as well as formed new intraday lows. As 5 Sessions trading between 5965-6026 with mixed intraday patterns(Higher levels selling and lower levels) therefore following lines were told in almost all previous Outlooks and being repeated:-
Strong resistance formation between 6000-6026 therefore complete consolidation is required for decisive rally above 6026 and sustaining beyond 5965-6026 will be firstly watched now for next moves confirmations.
Strong resistance formation between 6000-6026 therefore complete consolidation is required for decisive rally above 6026 and sustaining beyond 5965-6026 will be firstly watched now for next moves confirmations.