Following line was told in previous Outlook yesterday:-
As was told 100% same happened and Nifty slipped below 6298 but recovered also from lower levels after lowest formation at 6287.45. As today up moves are without force therefore finally down moves are expected after follow up selling and following range should be watched for:-
1- next trend 1st strong indication:- 6232-6356
2- next trend confirmations:- 6130-6387
slipping below 5298 and very Short Term correction is expected tomorrow
As was told 100% same happened and Nifty slipped below 6298 but recovered also from lower levels after lowest formation at 6287.45. As today up moves are without force therefore finally down moves are expected after follow up selling and following range should be watched for:-
1- next trend 1st strong indication:- 6232-6356
2- next trend confirmations:- 6130-6387