Following line was told in Pre-Closing Outlook on 07-10-2011:-
"As mixed trading patterns today therefore Next moves confirmation will be sustaining beyond today trading range(4862-4922)"
Today first hour trading range is 4882.05-4914.75
Dow's Futures is more than 150 points up but Asian markets are flat mixed as well as Indian markets are also trading with minor gains. Intraday patterns are showing consolidations signals at lower levels today as well as finally up moves are also expected also. Sustaining beyond 4862-4922 will be next moves confirmations.
"As mixed trading patterns today therefore Next moves confirmation will be sustaining beyond today trading range(4862-4922)"
Today first hour trading range is 4882.05-4914.75
Dow's Futures is more than 150 points up but Asian markets are flat mixed as well as Indian markets are also trading with minor gains. Intraday patterns are showing consolidations signals at lower levels today as well as finally up moves are also expected also. Sustaining beyond 4862-4922 will be next moves confirmations.