Post-open Outlook(12-01-2012)
As soon as selling developed then it was told in following words at 1:07:00 PM yesterday:-
intraday selling signals at higher levels today.
Down moves after INFY results were told in following words at 3:07:00 PM yesterday:-
As today intraday patterns are showing selling at higher levels also therefore down moves will also be considered after INFY quarterly results tomorrow
Down moves after INFY results were told in following words at 11:34:00 PM yesterday:-
As good intraday selling one day before INFY results therefore down moves will also be considered after INFY quarterly results tomorrow.
Only We told again and again yesterday for down moves after INFY quarterly results today and it is being seen today. Next resistance is between 4857-4876 today therefore market require complete consolidation to sustain above 4876. Expected down moves have been seen and slipping 4615 will mean more down moves.
Rally is on but yesterday intraday selling yesterday is certainly a threat and until Nifty will not sustain above 4876 till then next upmove will not be considered. Follow up buying/selling during next couple of hours will give next moves confirmations.
As soon as selling developed then it was told in following words at 1:07:00 PM yesterday:-
intraday selling signals at higher levels today.
Down moves after INFY results were told in following words at 3:07:00 PM yesterday:-
As today intraday patterns are showing selling at higher levels also therefore down moves will also be considered after INFY quarterly results tomorrow
Down moves after INFY results were told in following words at 11:34:00 PM yesterday:-
As good intraday selling one day before INFY results therefore down moves will also be considered after INFY quarterly results tomorrow.
Only We told again and again yesterday for down moves after INFY quarterly results today and it is being seen today. Next resistance is between 4857-4876 today therefore market require complete consolidation to sustain above 4876. Expected down moves have been seen and slipping 4615 will mean more down moves.
Rally is on but yesterday intraday selling yesterday is certainly a threat and until Nifty will not sustain above 4876 till then next upmove will not be considered. Follow up buying/selling during next couple of hours will give next moves confirmations.