I always tell that no one can deceive the outlooks of this Blog and its today live proof is as follows. Floowing line was told before the opening of today market in Market Outlook(08-07-2011):-
"minor profit booking may be seen"
As was told 100% same happened and Nifty slipped from 5740 to 5707 within first 21 minutes. As sentiment was heated therefore minor intraday correction after minor profit booking is being seen and today expected first trading range is 5695-5740. Indian markets will first prepare for next moves within this range and break out of this range will give next moves first indication.
ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
