Next Immediate Decisive moves will be decided by 7941-8051
Post-open Outlook(15-06-2015)
Nifty- First 45 Minutes Intra Day Chart(15-Jun-2015)
 |
| Just click on chart for its enlarged view |
1- finally up moves are expected in the beginning of next week despite all European and US markets more than .62% down closing last Friday
2- As Short Term Oscillators are oversold and intraday consolidation patterns formations also on 12-06-2015 therefore a bounce back will be considered in the beginning of next week
3- Firstly bounce back
As was told on 13-06-2015 same happened today and Nifty bounced 90 points from lower levels and traded 51 points up in first 30 minutes today despite all the Asian markets are trading down from .50% to 1.50% today.
Next resistances are between 8038-8051 and once valid break out of this range will mean strong possibility of more than 1% up moves and next immediate decisive moves will be decided by 7941-8051.