As soon as profit booking signals at higher levels emerged then it was updated immediately and market slipped also from intraday higher levels. Good buying on 05-12-2011 and lower levels buying also seen today but selling signals also seen at higher levels today.
As intraday patterns are mixed therefore view is cautious and today trading range(5050-5100) break out as well as sustaining beyond will be next moves confirmations.
As intraday patterns are mixed therefore view is cautious and today trading range(5050-5100) break out as well as sustaining beyond will be next moves confirmations.