Technical Analysis and Research of EOD and weekly charts,Micro Analysis of Nifty Intra Day Chart,Technical Positions,next possibilities have already been explained in following topics with 2 Charts therefore not being repeated:-
1- Pull Back Rally Possibility from 4843
2-Nifty-Micro Analysis of Intra Day Chart For 22-08-2011
Although US markets closed more than 1.5% down last Friday but Asian markets are almost flat therefore sentiment is quiet and Indian markets will open flat today morning.
Next moves first indication will be sustaining beyond 4843 confirmation level is crossing of 4798-4891 therefore mentioed levels should be watched first.
1- Pull Back Rally Possibility from 4843
2-Nifty-Micro Analysis of Intra Day Chart For 22-08-2011
Although US markets closed more than 1.5% down last Friday but Asian markets are almost flat therefore sentiment is quiet and Indian markets will open flat today morning.
Next moves first indication will be sustaining beyond 4843 confirmation level is crossing of 4798-4891 therefore mentioed levels should be watched first.