Down moves and its continuation with its technical reasons was projected in all the Outlooks today and whole day down moves were seen also during trading hours today. Following lines were told at 09:56:00 AM today:-
1- firstly trading between and little above next support range(5085-5145) will be seen in the coming sessions.
2- More down moves and trading between next supports range(5085-5145) expected in the coming sessions.
Our above projection proved 100% accurate and today intraday trading range is 5108.10-5164.20
1- firstly trading between and little above next support range(5085-5145) will be seen in the coming sessions.
2- More down moves and trading between next supports range(5085-5145) expected in the coming sessions.
Our above projection proved 100% accurate and today intraday trading range is 5108.10-5164.20
Down moves continuation is expected after 15 sessions selling in July 2012.