Live Proofs of our Levels Accuracy
Following Next strong supports range was updated today in Technical Analysis and Market Outlook and yesterday in Mid-session Outlook:-
Next strong supports- 5935-5960
Nifty recovered more 50 points from 5936.80 and now trading above 5987
As Bullish Rising Wedge formations yesterday therefore our view was not bearish today despite more than 75 points down immediately after opening. Pull Back Rally beginning possibility was also told in previous Outlook today and now more than 50 points recovered from lower levels.
Sustaining above 6008 will be the confirmation of minimum a strong Pull Back Rally therefore should be firstly watched now.