Following line was told in Mid-session Outlook-2:-
"Intra day charts of today are suggesting selling patterns at higher levels today also."
As selling at higher levels therefore Indian markets slipped from higher levels in last hour today.
Short term down move possibility increased but It will be better to wait for sustaining beyond 21-04-2011 range(5864-5912) and also will be watched first for next moves confirmations.
"Intra day charts of today are suggesting selling patterns at higher levels today also."
As selling at higher levels therefore Indian markets slipped from higher levels in last hour today.
Short term down move possibility increased but It will be better to wait for sustaining beyond 21-04-2011 range(5864-5912) and also will be watched first for next moves confirmations.