"Global Shocks Proof,Next Trend Decider & Strong support- 5400"
Above line is not being told today after watching today market but repeated again and again in every outlook after Japan earthquake:-
1- Following lines were told in Japan earthquake & Indian Stock Markets Technicals(Post-closing outlook(11-03-2011):-
"Japan earthquake proved strong support at 5400"
Just click following link of my blog in which importance of 5400 support was written from begining to last after Japan earthquake on 11-03-2011 :-
http://enjoydailyprofits.blogspot.com/2011/03/japan-earthquake-indian-stock-markets_11.html
2- Weekly Analysis- 14-03-2011 to 18-03-2011:-
"Minimum 5 times told about the importance of 5400 and reasons of its importance also given."
3- Pre-Open Market Outlook(14-03-2011):-
Importance of 5400 with 3 reasons given and clearly today today for trading within range of 5400-5500 and Nifty is trading within this range since opening today.
Nifty got good support at 5400 in most adverse situations and if sustains above then fresh up moves will certainability will be considered.first of all 5400-5500 will be watched and if Japanese nuclear radiation and Libyan internal situation does not worsen then moves above 5500 will certainly be considered.