HAPPY DIWALI TO ALL OF YOU
Muhurat Trading From 06:15PM To 07PM
Correction has been completed,all resistances are cleared and yesterday closing was at the top of rally therefore this possibility can not be rules out that Indian markets may celebrate Diwali through forming new top in "DIWALI MUHURAT TRADING SESSION" today.
Diwali is Indian fetival but being celebrated in all over global markets this year through blasting upmoves in most of the Global markets. Sentiment upbeat today and sustaing above 6350 is must in the coming couple of sessions for fresh upmoves without any correction.
It is the trend of Diwali Muhurat sessions that Indian markets does not sustain at higher levels closes near lower levels on Diwali Muhurat after some intraday profit booking therefore keep in mind while deciding the timings of today buying. Indian markets closed at the top of day yesterday and global markets blasted afterwards therefore sentiment heated today and profit booking possibility at higher levels after strong gap up opening can not be ruled out.
Forceful break out and sustaining above 6350 is must for strong rally above new high. Complete fresh selling patterns in intraday and daily charts requires now for any down move and until that will not happen till then any down move will not be considered. Although intraday and minor very short term corrections can be seen any time in heated sentiments but fresh rally above new high expected without any deeper correction because short term correction has been completed in last week..
As sentiment heated therefore gap up opening and only intraday slipping from higher levels can be expected after some pofit booking today.
ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
