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Pre-Closing Outlook(15-01-2013)

Following line was told yesterday in Valid Break Out Confirmation is Must after 2 Sessions High Volatility

1- today started up moves continuation is expected in the coming session.
2- expectation turned alive for up moves towards its minimum target at 6239.95(as per Elliot Wave theory).

Rally continuation today after lower levels consolidations as well as last 9 sessions range break out. Complete selling patterns are required in intraday and minimum on Daily charts for any down trend,until that will not happen till then any big correction will not be considered.


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