Following lines were told in Correction continuation & Supports Testing in Next Week at 05:45:00 AM today;-
1- more down moves are expected in the coming sessions.
2- more down moves as well as testing of above mentioned next supports are possible in the coming week.
Nifty is more than 50 points down today and our above projection proved 100% accurate. Firstly selling at higher levels and then down moves seen today and more down moves can not be ruled out but intraday charts are oversold therefore minor up moves may be seen today after getting some intraday support.
1- more down moves are expected in the coming sessions.
2- more down moves as well as testing of above mentioned next supports are possible in the coming week.
Nifty is more than 50 points down today and our above projection proved 100% accurate. Firstly selling at higher levels and then down moves seen today and more down moves can not be ruled out but intraday charts are oversold therefore minor up moves may be seen today after getting some intraday support.