Following lines were told in almost all the Outlooks of previous sessions
intraday patterns of last 4 sessions are showing consolidation patterns formations despite down moves therefore signals of consolidation process continuation and emergence of fresh up moves expectations also after on going correction completion.
Up moves expectations was told because consolidation process was seen in last 4 sessions and Nifty crossed last 4 sessions trading highest(7345.60) within first 4 hours trading of today. Accuracy of our above projection will be clear from live proof of following intraday chart of last 4 sessions and today:-
First Resistance(7293-7319) has been crossed and multiple resistances are above 7358 therefore complete consolidation is required for decisive rally above 7563. Although side ways market is expected in some more sessions but finally rally is expected above 7563 as being told continuously.
intraday patterns of last 4 sessions are showing consolidation patterns formations despite down moves therefore signals of consolidation process continuation and emergence of fresh up moves expectations also after on going correction completion.
Up moves expectations was told because consolidation process was seen in last 4 sessions and Nifty crossed last 4 sessions trading highest(7345.60) within first 4 hours trading of today. Accuracy of our above projection will be clear from live proof of following intraday chart of last 4 sessions and today:-