As Nifty is trading between resistance ranges(6059-6074 and 6086-6097) and require complete consolidations therefore slipped immediately after opening. Nifty will firstly prepare for next decisive moves between(6059-6097) and sustaining beyond this range should be watched for the beginning of next trend.
Expected that finally up moves will be seen after follow up consolidations within mentioned ranges but sustaining it beyond should be firstly watched because Intermediate Term Trend is down and Long Term Trend is sideways.
Expected that finally up moves will be seen after follow up consolidations within mentioned ranges but sustaining it beyond should be firstly watched because Intermediate Term Trend is down and Long Term Trend is sideways.