MARKETS MAY CONSOLIDATE BETWEEN 4630 – 4250 LEVELS BEFORE BUGDET BEFORE GIVING EITHER SIDE BREAKOUT. ALSO LOOKING AT LAST WEEK FII FLOWS IT HAS BEEN NET WITHDRAWAL WHICH IS SURPRISING
LEVEL FOR THE DAY
TECHNICAL OUTLOOK :
Imp Support 4335, Imp Resistance 4415,
Likely Trading Range 4300-4450,
Trade on long Above 4298 and Vice versa
Note :- Please don’t use this levels when gap up or gap down. Also either side band is breached shall show breakout in either direction, and close above / below the intra band shall continue with the same trend for next day and can continue for for BTST OR STBT.
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