NIFTY Update: Fails to Break Resistance Today

NIFTY Daily Chart Technical Analysis:

• NIFTY opened at its resistance today at 5763 and rallied upwards in the first half, but finally succumbed and could not break its resistance.  The index finally closed at 5687.  So NIFTY continues its sideward journey.
  
• Let's see where it goes tomorrow.  The market seems readying to make a good move in either direction and breakthrough either resistance or support.  The only question is when the market will make this big move.
  
• निफ्टी आज अपने रेसिस्टांस लाइन पर ही खुला और दिन की शुरुआत में ऊपर की ओर रुख किया, पर वापिस नीचे आ गया और रेसिस्टांस के नीचे ही बांध हुआ.  देखते हैं कल क्या होता है. 

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NIFTY Daily Chart Technical Analysis