CHART - III
- Day range resolves in favour of bears
- GAP is faded
- Price not sustaining above day high.
- Today's range is yet to be resolved.
- Nifty Futures 5 minutes chart with today's range from 5450 - 5504
- Break of 5450 may lead to fading of the GAP mentioned in the chart.
- Support levels for today are 5450 and below that it is near 5411.
- Break of 5411 may take SPOT to 5350.
- TATA MOTORS ANALYSIS