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Pre-open Outlook(29-09-2011)

Technical Analysis and Micro Analysis of Nifty Intra Day Chart,Technical Positions,next possibilities have already been explained in following topics with 1 Charts therefore not being repeated:-

Nifty-Micro Analysis of Intra Day Chart For 29-09-2011

Nifty-Intra Day Chart(Sep 27 to Sep 28,2011):-
Just click on chart for its enlarged view
Nifty traded last 2 days between 4907-4982 and most time trading between 4918-4982  with higher levels selling and minor lower levels support. Expected that Nifty will first trade between 4907-4950 after weak opening today,slipping below 4918 will be first indication and sustainiing below 4907 will be deep down confirmation.

Weakness expected in Indian markets today.
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