1st resistance range(6040-6061) was updated in Technical Analysis and Market Outlook(19-07-2013) and Nifty is hovering around this range since opening as well as traded within 6027-6062 today with lower levels supports and higher levels selling.
As higher levels selling seen within resistance range today therefore decisive down moves will be considered after valid breaking down of 6027,firstly it should be watched in the coming week. Next immediate moves confirmation will be sustaining beyond 6027-6062.
As higher levels selling seen within resistance range today therefore decisive down moves will be considered after valid breaking down of 6027,firstly it should be watched in the coming week. Next immediate moves confirmation will be sustaining beyond 6027-6062.