Micro Analysis of Nifty Intra Day Chart,Technical Positions,next possibilities have already been explained in following topic with 1 Chart therefore not being repeated:-
Nifty-Micro Analysis of Intra Day Chart For 08-07-2011
All trends are up and Indian markets will open gap up today after positive global cues. Sentiment heated today morning therefore voltality after minor profit booking may be seen but market require complete selling patterns minimum on intraday charts for any correction. Whenever any profit booking will develop then will be informed in the same manner as was told non stop again and again before the beginning of yesterday rally. As we always talk with proofs therefore live proofs of our above statement are as follows:-
1- Market Outlook(07-07-2011)
"5600 will be finally saved and fresh rally above 5672 will commence from coming sessions"
"indian markets will open little positive,test resistances of last 5 sessions range and finally close positive today"
2- Nifty-Micro Analysis of Intra Day Chart For 07-07-2011
"5600 will be finally saved and rally will be seen in the coming sessions"
3- Pre-closing Outlook(06-07-2011)
"Support at 5600 became stronger today. Rally possibility is still alive despite Red closing near 5600 today"
4- Mid-session Outlook-2(06-07-2011)
"Intraday indicators are showing divergence in last 3 hours therefore up moves possibility is also alive despite Red zone today"
ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
