As US and European markets closed 1.41% to 2.43% up yesterday therefore sentiment turned strong and all the Asian markets are trading in Green and positive opening will be seen in Indian markets also. Selling patterns seen at higher levels yesterday below 6300 and resistances are above 6320 therefore emergence of very short term correction possibility and complete consolidation is required for decisive up moves. Yesterday closing near 6300 and sustaining beyond it should be firstly watched today for very short term correction or up moves but after complete consolidation.
SGX Nifty is trading 40 points up at this moment but view is cautious and sustaining beyond 6300 should be firstly watched today for immediate up moves confirmations.