Mid-session Outlook-2(11-05-2011)
Upper Slice- (5560-5590 yesterday Resistance)
Lower Slice- (5515-5532 yesterday Support)
Fried Tomato & Potato between- (5525-5565 Today Predicted Trading Range in Mid-Night today)
Fried Tomato & Potato between- (5525-5561.90 Today Trading Range at 12:15 PM today)
Only breakfast(intraday trading/Options selling) should be enjoyed from Sandwich Nifty and Wait for Lunch/Dinner(Positional trading/Options buying) because it is being cooked between in 5 Star Hotels(5450-5590).
Following lines were told for today markets
in Market Outlook(11-05-2011)
Supports at lower levels and resistances at higher levels therefore market will not move any side and first trade between 5525-5565 tomorrow,much movements not expected and also closing expected within this range. Firstly market will prepare then next moves will be decided according to intraday charts formation in the coming sessions.
Minor support at lower levels and minor resistance also seen at higher levels today.Next moves confirmation levels are as follows;-
1- 5525-5565
2- 5500-5590
3- 5450-5590