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Post-open Outlook(18-03-2015)

Following line was told  for today market in "Fate of Sub Wave-3 in the hands of FOMC & Land acquisition Bill":-

1- very short term/intraday correction is due for tomorrow
2- Nifty may turn sideways tomorrow because Nifty has to prepare

As was told 100% same happened today and Nifty has traded more than 40 points down in first hour today.

Immediate supports and resistances are between 8630-8760 and Nifty will remain sideways within this range today as well as prepare for next decisive moves.