Today down moves are due to Global markets weakness therefore Nifty is trading below 61 sessions trading range(5823) for the last 2 hours. As today weakness is negative news based amid most depressing sentiments and not due to previous sessions intraday selling therefore 61 sessions trading range breaking down confirmation is required through sustaining below 5823
Although Nifty slipped and now trading below 5800 but without as such intraday selling patterns formations today therefore sustaining below 5823 has not got confirmations yet.
Although Nifty slipped and now trading below 5800 but without as such intraday selling patterns formations today therefore sustaining below 5823 has not got confirmations yet.