Following lines were told 14-01-2012:-
As both higher levels selling and lower levels buying in 3 previous session therefore markets are not prepared for anyside decisive moves and will firstly trade and prepare for next moves between last 3 days trading range(4804-4898) in the beginning of next week
As all the Asian markets were weak today therefore Indian markets are trading in Red since opening today.Good consolidation was seen between 4835-4860 on 13-01-2012 and sustaining below 4835 will be strong signal of downmove.
As good support was seen between 4835-4860 on 13-01-2012 and Nifty is trading between this range since opening today therefore sustaining beyond this range should be firstly watched for next moves confirmations.
As both higher levels selling and lower levels buying in 3 previous session therefore markets are not prepared for anyside decisive moves and will firstly trade and prepare for next moves between last 3 days trading range(4804-4898) in the beginning of next week
As all the Asian markets were weak today therefore Indian markets are trading in Red since opening today.Good consolidation was seen between 4835-4860 on 13-01-2012 and sustaining below 4835 will be strong signal of downmove.
As good support was seen between 4835-4860 on 13-01-2012 and Nifty is trading between this range since opening today therefore sustaining beyond this range should be firstly watched for next moves confirmations.