Continuation of rally was told for today market and Indian markets remained .50% to 1.00% up since opening today. Profit booking possibility and sustaining above 5060 condition was also told for today market in Pre-open Outlook(11-10-2011) and Nifty could not move up as well as slipped from higher levels after profit booking and forming high at 5045..
Profit Booking seen within resistance range and strong supports are at much lower levels. Intraday patterns are suggesting selling at higher levels and no support formation seen yet. More down moves possibilities can not be ruled out.
Profit Booking seen within resistance range and strong supports are at much lower levels. Intraday patterns are suggesting selling at higher levels and no support formation seen yet. More down moves possibilities can not be ruled out.