Technical Positions,today Outlook and next possibilities have already been posted in following topic with 2 Charts yesterday therefore not repeated today:-
Tomorrow(18-05-2011) Market Outlook & Technical Analysis
Although US markets recovered from deep lower levels but closed in Red yesterday also therefore Asian markets are positive today morning therefore sentiment is positive today morning. Nifty got support at 5525 and consolidated at lower levels yesterday therefore positive opening and firstly trading between 5540-5595 expected. A bounce was expected today and will be seen. Crossing 5595 will be next upmove confirmation.
Tomorrow(18-05-2011) Market Outlook & Technical Analysis
Although US markets recovered from deep lower levels but closed in Red yesterday also therefore Asian markets are positive today morning therefore sentiment is positive today morning. Nifty got support at 5525 and consolidated at lower levels yesterday therefore positive opening and firstly trading between 5540-5595 expected. A bounce was expected today and will be seen. Crossing 5595 will be next upmove confirmation.