Pre-open Outlook(28-10-2016)
As heavy firing on Indo-Pak border and Pakistan has fired on 20 posts yesterday night, resultant sentiment is depressed today morning therefore weaker opening will be seen today and Nifty will firstly trade within yesterday trading range(8551-8624). Good consolidation yesterday therefore until fresh selling will not develop till then Nifty will not slip below yesterday lowest and valid break out of yesterday trading range should be firstly watched today for next Very Short Term Trend confirmations.