Although today highest is at 7691 but actual trading highest was at 7677 therefore following correct levels are being updated against first 3 hours levels of previous Outlook:-
first 3 hours between 7658-7677 today
As mixed patterns formations today therefore view is cautiously Bullish with those following reasons which has already been updated in previous Outlook.
1- Indian markets are out performing Asian markets today.
2- Strong gap up opening.
2- Today gap has not filled up yet.
first 3 hours between 7658-7677 today
As lower levels supports also seen above 7655 today therefore Valid break out of today actual trading range(7655-7677) should be firstly watched now for next immediate trend confirmations.
As mixed patterns formations today therefore view is cautiously Bullish with those following reasons which has already been updated in previous Outlook.
1- Indian markets are out performing Asian markets today.
2- Strong gap up opening.
2- Today gap has not filled up yet.