Following lines were told yesterday in Technical Analysis and Market Outlook(20-05-2014):-
"last 3 hours trading with Mixed Patterns between 7246-7287 therefore absence of clear trading positions and more preparations are required for next decisive moves"
"last 3 hours trading with Mixed Patterns between 7246-7287 therefore absence of clear trading positions and more preparations are required for next decisive moves"
As was projected yesterday same is being seen today and last 4 hours trading between almost in same range between 7246-7287 and once sustaining beyond this range will be next trend confirmation. As consolidation indications therefore emergence of fresh up moves posibility after last Friday started correction completion.