INDIAN MARKET CLOSED IN GREEN YESTERDAY BUT THERE IS SELLING PATTERN BETWEEN 2815-2835 AND MANY STOCKKS ARE ALSO SHOWING SELLING PATTERNS THEREFORE MENTIONED RANGE HAS BECOME RESISTANCE.IF NIFTY SUSTAINS BELOW 2800 TODAY THEN ONGOING PULL BACK RALLY WILL BE UNDERSTOOD OVER AND FURTHER DOWN MOVES AS WELL AS TESTING OF SUPPORTS WILL BE SEEEN WILL BE SEEN IN COMING SESSIONS.NIFTY WILL HOVER NEAR 2800 AFTER OPENING AND FIRST THREE HOURS TRADING PATTERNS WILL DECIDE NEXT MOVES OF INDIAN MARKETS.
INDIAN MARKETS ARE EXPECTED TO CLOSE IN RED AFTER LITTLE POSITIVE OPENING TODAY.
(LALIT KUMAR DHINGRA)
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