As intraday consolidations therefore rally continuation was projected yesterday and Indian markets moved up today as well as traded more than .60% up also today but slipped after profit booking. More than 5 hours consolidation between 5380-5397 on 21-08-2012 and sustaining below 5380 will be deeper correction confirmation otherwise only intraday correction for today only.
As today intraday charts are showing consolidations signals also therefore on going rally continuations hopes are still alive despite Red zone trading after loosing all intraday gains.
As today intraday charts are showing consolidations signals also therefore on going rally continuations hopes are still alive despite Red zone trading after loosing all intraday gains.