Today Indian markets opened flat, and traded with choppiness throughout the day to finally close marginally in green. By looking at Nifty daily charts, for last three consecutive trading sessions we are witnessing a range bound movements which indicates indecisiveness prevailing at current level.
For tomorrow trading session if indices trade convincingly above 18,630 / 5,580 levels then they are likely to test 18,750 - 18,850 / 5,610 - 5,650 levels. However, on the downside if 18,450 / 5,525 level is breached then indices may test 18,300 / 5,475 levels.
For tomorrow trading session if indices trade convincingly above 18,630 / 5,580 levels then they are likely to test 18,750 - 18,850 / 5,610 - 5,650 levels. However, on the downside if 18,450 / 5,525 level is breached then indices may test 18,300 / 5,475 levels.
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