We never gossip and speculate as well as always try to update accurate projections. This fact can be verified from our last 4 years record in this Blog and orkut.com communities.
Whatsoever we told for today markets opening and firstly trading range in both previous outlooks all that proved 100% accurate. We posted following topic at 12:45:00 AM today,just go through and Keep in mind because you will get long term trend confirmations and trading policy in present market.
Long term trend decider 4720-5229
Flollowing line was told for today initial markets and 100% same is being seen after opening today:-
"firstly quiet markets expected near about yesterday closing(4971) and market will prepare for next moves between 4950-5000"
Nifty is trading and preparing for next moves between 4950-5000 since opening today. Let market prepare for next moves and then conclusion from intra day charts formations will be updated in next Mid-session Outlooks.
Fist hour intra day patterns are showing weakness indication and confirmation will be sustaining below 4940.