Following conclusive line was told today at 08:47:00 AM in Technical Analysis and Market Outlook(22-07-2014):-
Nifty is now trading 1.02% up and high possibility of rally continuation above 7800 within next 1/2 sessions after fresh consolidation between last resistance range(7756-7800).
Although immediate resistances but lower levels good supports also therefore finally rally above 7800 is still expected despite yesterday closing near the lowest of the day.
Nifty is now trading 1.02% up and high possibility of rally continuation above 7800 within next 1/2 sessions after fresh consolidation between last resistance range(7756-7800).