Markets looks like moving into the uncertainty mood, what to do rest of the week…Now, it need a look into the lower level charts to ascertain the final mood before the day’s close.
If we look into the 15 Min chart, it shows intension to continue the slide even though an effort was made today afternoon, to take it up. But last hour, it clearly confirmed the reversal symptom from the intraday high of 5174.
On the other hand, EOD chart of Futures show, a breach of 5200 will have a potential to take it to 5274.
We will see how NIFTY close tomorrow to ascertain the next move. Will it move up against the “gravity”?
