Following lines were told in Mid-session Outlook on 03-06-2014:-
1- Selling seen today just below immediate next strong resistances and once valid break out of today lowest(7343) will mean correction continuation
2- As Indian markets are Bullish and some times Bullish markets consolidate at higher levels also without giving deeper correction
3- firstly sustaining beyond today trading range(7343-7424)should be watched
Selling was told on 03-06-2014 and since then Nifty traded below its highest yesterday and today. As trading with mixed patterns formations and lower levels supports above 7415 today therefore sustaining beyond following ranges watched for next immediate trend confirmations:-
1- 7415-7424
2- 7343-7424
1- Selling seen today just below immediate next strong resistances and once valid break out of today lowest(7343) will mean correction continuation
2- As Indian markets are Bullish and some times Bullish markets consolidate at higher levels also without giving deeper correction
3- firstly sustaining beyond today trading range(7343-7424)should be watched
Selling was told on 03-06-2014 and since then Nifty traded below its highest yesterday and today. As trading with mixed patterns formations and lower levels supports above 7415 today therefore sustaining beyond following ranges watched for next immediate trend confirmations:-
1- 7415-7424
2- 7343-7424