Although strong Global markets and good opening in Indian markets but we were not Bullish and showed our doubts with technical reasons in all the today Outlooks. First 5 hours trading between 6060-6082 and this range broken down after 02:15 PM but before that we told following lines:-
1- At 01:04:PM-"Selling patterns formations at higher levels today"
2- At 11:23 AM-"Minor profit booking at higher levels today,view is cautious and until Nifty will not cross today high(6083) till then next up move will not be considered and valid break down of 6065 will mean that correction about which we have already updated in previous 2 Outlooks"
1- At 01:04:PM-"Selling patterns formations at higher levels today"
2- At 11:23 AM-"Minor profit booking at higher levels today,view is cautious and until Nifty will not cross today high(6083) till then next up move will not be considered and valid break down of 6065 will mean that correction about which we have already updated in previous 2 Outlooks"
Same view yet which was updated at 11:23 AM today.