Remain cautious after 127 points
fall in first 2 hours today
Mid-session Outlook(09-12-2022)
Following conclusive were told at 11:50 PM yesterday in"Up moves towards next resistances":-
up moves are expected towards next
resistances between 18651-18665.
As was told yesterday 100% same happened today and today highest is at 18664.70 which is just below 18665.
Nifty slipped 127 points in first 2 hours to 18537.45. As this lowest of today is just above last 2 sessions lowest(18529) and intraday supports were seen above it yesterday therefore firstly sustaining it beyond should be watched today. Remain cautious also because once sustaining below 18529 will mean down moves beginning towards next supports( 18357-18405) which is much below it.