Positive Market on 18-04-2011
Intra day patterns of last Friday showed lower level support and bullish pattern also therefore Nifty will not dip and will firstly trade between 5810-5875. As minor correction has been completed and bullish intraday pattern(Falling Wedge) also last Friday therefore firstly fresh consolidations and follow up buying between 5810-5875 will be seen after positive opening next Monday
Just verify above lines(which were told 2 days before) from today market and that will prove that today story was written 2 days before.
Following topics were also posted in last 2 days just go through for guidance and confirmation of Indian markets:-
1- Two Positive Formation in Weekly Chart
2- Weekly Outlook(18-04-2011 to 21-04-2011)
Sustaining above 5875 will be first strong indication of Bull rally and crossing 5945 will be confirmation of fast 6120